The State of Global Trade Relations

The State of Global Trade Relations

Assessment

Interactive Video

Business

University

Hard

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The video discusses ongoing US-China trade negotiations, focusing on the impact of tariffs on business confidence and market dynamics. It highlights the challenges of including agriculture in trade talks and explores potential market opportunities if a deal is reached. The economic impact of tariffs and the prospects of a tariff rollback are analyzed. The video also provides insights into the dynamics between US negotiators and President Trump.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the main focuses of the US in the trade negotiations with China?

Eliminating tariffs on steel and aluminum

Increasing tariffs on automotive imports

Shifting retaliatory tariffs away from agriculture

Reducing tariffs on technology products

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the uncertainty in trade negotiations affected business confidence in the US?

It has significantly increased business confidence

It has had no impact on business confidence

It has slightly decreased business confidence

It has led to a complete loss of business confidence

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential benefit of a trade agreement with China for the equity market?

Higher tariffs on agricultural products

No change in market conditions

Reduction or rollback of existing tariffs

Increased tariffs on machinery stocks

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is agriculture a challenging area in trade negotiations?

It is not a significant part of the economy

It is not affected by international trade policies

It is easy to reach agreements on agricultural issues

It is an emotional issue tied to food and family farms

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one potential outcome if tariffs remain on China?

A significant increase in agricultural exports

A decrease in economic growth by a tenth to two-tenths

Increased economic growth

No change in economic growth

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does Robert Light Heiser play in the trade negotiations with China?

He is a financial analyst

He is a Chinese negotiator

He is the US Trade Representative leading the talks

He is a European Union trade representative

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the US MCA, mentioned as an issue on the horizon?

The updated version of NAFTA

A European Union trade policy

A new trade agreement with China

A Japanese trade agreement