U.S. to Lift Yuan Manipulator Tag Ahead of Phase One China Trade Deal

U.S. to Lift Yuan Manipulator Tag Ahead of Phase One China Trade Deal

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses the signing of the Phase One trade deal between the US and China, highlighting the Trump administration's efforts. It raises questions about the deal's substance and China's compliance, especially regarding intellectual property and purchase commitments. The US is set to lift China's currency manipulator designation, indicating improved relations. The transcript also addresses the enforcement of new Chinese intellectual property laws and the timeline for assessing compliance with the deal's terms.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the event happening at the White House on Wednesday?

A new trade deal is being signed.

A new economic policy is being announced.

A new law is being passed.

A new president is being inaugurated.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was China's reaction to being labeled a currency manipulator by the US?

They accepted the designation.

They ignored the designation.

They reacted angrily.

They agreed to change their policies.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main commitments in the phase one trade deal?

Reduction of tariffs on Chinese goods.

Development of new trade routes.

Increase in US exports to China.

Protection of intellectual property.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is China committed to purchasing under the trade deal?

$200 billion over two years.

$300 billion over three years.

$400 billion over four years.

$100 billion over one year.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When is it expected to be clear if the purchase commitments are being met?

By the end of 2021.

By the end of 2020.

After the November election and into 2021.

By mid-2021.