Don't See a Big Hit to Global Output From Trade War, Says Bank of Singapore

Don't See a Big Hit to Global Output From Trade War, Says Bank of Singapore

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the challenges faced by Asian currencies, particularly in Indonesia, and the need for central banks to show prudence. It examines the impact of trade wars on global and regional economies, highlighting trade diversion and inflation concerns. The video also analyzes the enthusiasm of central banks in Asia for rate hikes, questioning the rationale behind such decisions in countries like South Korea and Thailand.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason for Asian countries like Indonesia to show market prudence?

To divert pressure off their currency

To increase domestic spending

To attract foreign investments

To reduce inflation rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the trade war affect American consumer behavior according to the discussion?

They increase savings

They shift purchases to other Asian countries

They buy more from China

They stop buying goods altogether

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of trade wars on global output?

A significant decline

Minimal impact due to trade diversion

No impact at all

A slight increase

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country is mentioned as being behind the curve in raising interest rates?

South Korea

Thailand

Philippines

Indonesia

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does the speaker find the enthusiasm for rate hikes in Thailand and South Korea puzzling?

Because they are experiencing deflation

Because they have high unemployment rates

Because inflation is flat and growth is stable

Because their economies are booming