What U.S. Tariff Suspension Means to Mexico's Economy

What U.S. Tariff Suspension Means to Mexico's Economy

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the potential impact of tariffs on Mexico, highlighting inflationary pressures and recession risks. It covers the current status of US-Mexico trade relations, including President Trump's statements on tariffs. The economic challenges faced by Mexico, such as currency fluctuations and downgrades, are also examined. Additionally, the video explores Mexico's fiscal and monetary policies, emphasizing the importance of market developments and the USMCA agreement.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the potential impact of tariffs on Mexico's economy as discussed in the video?

Immediate economic growth and stability

No significant impact on the economy

Increased inflationary pressures and risk of recession

Decrease in inflation and economic boom

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What event is marked by the yellow vertical line in the chart discussed in the video?

The downgrading of Mexico's credit rating

The imposition of tariffs by the US

The signing of the USMCA

The election of President Lopez Obrador

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which organization warned about possible downgrades in Mexico's credit rating?

Standard & Poor's

Moody's

World Bank

Fitch

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the ambitious targets mentioned for Mexico's fiscal policy?

Achieving a primary surplus of 1%

Reducing inflation to 0%

Doubling the GDP growth rate

Eliminating all tariffs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of the Mexican central bank as discussed in the video?

Setting international trade policies

Managing inflation and growth pressures

Issuing new currency

Negotiating trade deals