How the Fortunes of Many American Manufacturers Are Tied to China

How the Fortunes of Many American Manufacturers Are Tied to China

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

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The video discusses the complex relationship between US manufacturing and China, highlighting Cummins' growth since China's WTO entry and the impact of tariffs. It examines the reversal of manufacturing job growth in the US due to the trade war, with a focus on Pennsylvania's job losses. The video concludes by questioning whether voters will blame the trade war or agree with criticisms of poorly managed companies.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is China perceived in relation to American manufacturing?

As a neutral entity

As a boogeyman that stole factories

As a partner in growth

As a minor competitor

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant change occurred for Cummins after China joined the WTO?

It became a Chinese company

It saw a significant increase in sales and profit

It faced a decline in sales

It stopped operations in China

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Cummins' engines are made and sold in China?

60%

25%

40%

10%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected financial impact of tariffs on Cummins this year?

$200 million

$150 million

$100 million

$50 million

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key concern for voters regarding the trade war's impact?

The rise in manufacturing jobs

The increase in factory jobs in key states

The stability of the US economy

The loss of factory jobs in key states