Mandelson Says China Poses 'Huge Challenge' to International Trade System

Mandelson Says China Poses 'Huge Challenge' to International Trade System

Assessment

Interactive Video

Business

University

Hard

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The video discusses the need for reform in the World Trade Organization (WTO) and highlights the critical role China plays in this process. It explains the challenges posed by China's large economy and its industrial policies, including issues related to intellectual property and subsidies. The video emphasizes that for the WTO to adapt to China's state-led economy, China must take more initiative and responsibility. Without China's commitment, there could be increased tensions and rhetoric similar to that seen during the Trump administration.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is necessary for the WTO overhaul to succeed?

The commitment of China

The commitment of Japan

The commitment of the EU

The commitment of the USA

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does China pose a challenge to the international trade system?

Due to its small economy

Because of its industrial policies and subsidies

Because it follows all WTO rules

Due to its lack of trade partners

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the issues related to China's trade practices?

Over-reliance on subsidies

Issues with intellectual property protection

Excessive intellectual property protection

Lack of industrial policies

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What must China do to help lead WTO reforms?

Take more initiative and responsibility

Increase subsidies

Reduce its economy size

Ignore international trade rules

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could happen if China does not step up in WTO reforms?

Increased Trumpian rhetoric and disaster

A stronger WTO

Less focus on intellectual property

More international cooperation