Market Panic Over Brexit Needs to Stop, Duncan Smith Says

Market Panic Over Brexit Needs to Stop, Duncan Smith Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the need for better communication between the government and markets, highlighting the inaccuracies in market forecasts. It emphasizes the UK's unexpected economic growth and criticizes the constant negative forecasts. The speaker calls for market responsibility and a long-term perspective, asserting the UK's potential as a global trading nation. The discussion also covers the EU negotiations, expressing concerns about the Checkers plan and advocating for a simpler free trade deal.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern regarding the Checkers plan according to the speaker?

It compromises in the wrong areas.

It is too complex for businesses.

It is not supported by the EU.

It is too favorable to the UK.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the speaker believe the UK economy is more robust than perceived?

Due to support from the EU.

Because of government interventions.

Due to unexpected growth and strong High Street sales.

Because of consistent market forecasts.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker suggest about the markets' behavior?

They should take a longer-term view.

They should rely on government forecasts.

They should focus on short-term gains.

They should be more optimistic.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's view on the EU's role in Brexit negotiations?

The EU should impose strict conditions.

The EU should aim for a reasonable and frictionless deal.

The EU should prioritize politics over trade.

The EU should ignore the UK's proposals.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of trade deal does the speaker prefer for the UK?

A complex deal with many conditions.

A free trade deal with additional benefits for financial services.

A deal that excludes financial services.

A deal similar to the EU's agreement with the US.