U.S. Refrains From Naming China Currency a Manipulator

U.S. Refrains From Naming China Currency a Manipulator

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the US Treasury's decision not to label China as a currency manipulator, despite President Trump's accusations. The report highlights concerns about China's economic model and its impact on global growth. The US administration shows a split between hardliners and those favoring a conciliatory approach. Additionally, the US plans to withdraw from a treaty that benefits Chinese shipping rates, signaling further economic pressure on China.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason the U.S. Treasury did not label China as a currency manipulator?

China's recent yuan devaluation

Pressure from other countries

The legal framework was not met

China's economic growth

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which U.S. official is known for a more conciliatory approach towards China?

White House Press Secretary

Secretary of State

President Trump

Treasury Secretary Steven Mnuchin

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the contrast between President Trump and the Treasury Department regarding China's currency?

The Treasury accuses China, while Trump does not

Both agree on China's currency manipulation

Trump accuses China, while the Treasury does not meet the legal threshold

Both are conciliatory towards China

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action did the Trump administration take regarding a treaty with China?

Ignored the treaty

Negotiated better terms

Submitted a notice of withdrawal

Renewed the treaty

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the potential impact of the U.S. withdrawing from the treaty with China?

Continuation of negotiations for a year

No impact on economic relations

End of all trade with China

Immediate change in shipping rates