China Trade Surplus Hits Record as Imports Shrink

China Trade Surplus Hits Record as Imports Shrink

Assessment

Interactive Video

Business, Social Studies

University

Hard

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In November, China's trade surplus reached a record high due to a rise in exports and a fall in imports, influenced by lower oil prices. Alex Salmond, former leader of the Scottish National Party, plans to run for a UK Parliament seat after resigning as Scotland's first minister. The Bank of Internet for International Settlements warns of increasing fragility in global financial markets, particularly for emerging markets with significant dollar-denominated debt. The dollar index hit an 8-year high following strong job data.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in Chinese exports in November compared to the previous year?

3.5%

6.1%

4.7%

5.2%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the trade surplus of China in November?

$56 billion

$52 billion

$54 billion

$50 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which political position did Alex Salmond resign from after the Scottish independence referendum?

Mayor of Edinburgh

Member of Parliament

First Minister of Scotland

Leader of the Scottish National Party

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What risk did the Bank of International Settlements highlight in its quarterly review?

Rising oil prices

Increasing trade deficits

Fragility in global financial markets

Decreasing foreign investments

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What milestone did the dollar index reach after the release of job data?

5-year high

8-year high

10-year high

6-year high