Sec. Ross Says Trade Partners Are Spoiled and That Game Is Over

Sec. Ross Says Trade Partners Are Spoiled and That Game Is Over

Assessment

Interactive Video

Business

University

Hard

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The video discusses non-tariff barriers as a method of trade retaliation, highlighting China's use of both quantitative and qualitative measures. It explains how countries like China and Europe have long employed non-tariff barriers, such as imposing unrealistic standards and restrictions on imports, to protect their markets. Examples include claims about mad cow disease and Asian flu to block U.S. beef and chicken imports. The video concludes by contrasting these protectionist practices with the U.S.'s free market approach and notes the shift in trade dynamics as the U.S. begins to defend against such practices.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are non-tariff barriers primarily used for in international trade?

To promote domestic products

To retaliate against other countries' trade practices

To increase the price of imported goods

To restrict the quantity of imports

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a non-tariff barrier?

Devaluing the national currency

Setting unrealistic product standards

Imposing high import taxes

Offering subsidies to local producers

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do some countries claim they cannot import US beef?

Because of mad cow disease concerns

Due to high tariffs

Because of high transportation costs

Due to currency fluctuations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main argument against the claim of Asian flu in US chickens?

The US has banned chicken exports

There have been no recent cases in the US

The US has high tariffs on chicken exports

The US chickens are more expensive

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the overall tone of the speaker regarding the use of non-tariff barriers by other countries?

Supportive

Neutral

Critical

Indifferent