Australia Doesn't Want to See U.S.-China Trade Spat Escalation, Ciobo Says

Australia Doesn't Want to See U.S.-China Trade Spat Escalation, Ciobo Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses global trade tensions, particularly between the US and China, and their impact on global growth. It highlights Australia's efforts to manage its trade interests through diversification and ambitious trade deals like the TPP 11 and RCEP. The discussion also covers Australia's close trade relationship with the US and ongoing negotiations with India, Japan, and other countries. The challenges in reaching a comprehensive trade agreement, especially with India's demands, are also addressed.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern regarding the trade tensions between the US and China?

Increased global growth

Dampening effect on global growth

Higher tariffs on Australian goods

Improved trade relations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who does the Australian representative regularly communicate with regarding trade issues?

The Japanese Prime Minister

The Chinese Trade Minister

The US Trade Representative

The US President

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact of the US tariffs on global growth?

Boost in global trade

No significant impact

Negative impact on global growth

Increase in global investments

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the outlook for the regional Comprehensive Economic Partnership (RCEP) according to the Australian representative?

Positive and optimistic

Already concluded

Unlikely to reach an agreement

Negative and pessimistic

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main challenges in reaching a trade agreement with India?

Lack of communication

High tariffs on goods

Cultural differences

Free movement of people

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the RCEP compare to the TPP 11 in terms of quality?

Neither is comprehensive

TPP 11 is more comprehensive

RCEP is more comprehensive

Both are equally comprehensive

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Australia's approach to resolving trade issues with India?

Ignoring the issues

Parallel bilateral discussions

Relying on US intervention

Waiting for India's proposal