Hong Kong Exports Fall for Ninth Month

Hong Kong Exports Fall for Ninth Month

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses Hong Kong's economic challenges, focusing on the impact of the trade war and the role of the government. Hong Kong's trade, which constitutes a significant part of its GDP, is being squeezed by tariffs, affecting its economy. The government is expected to take more fiscal measures to counteract these effects, as monetary policy is limited due to the currency peg to the US dollar. The economy is likely heading towards a recession, and more government intervention is anticipated.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures is the Hong Kong government considering to support the economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the civil unrest on Hong Kong's economy?

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