How Is The Trade Spat Affecting U.S. Footwear Industry and Consumers?

How Is The Trade Spat Affecting U.S. Footwear Industry and Consumers?

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the impact of tariffs on the footwear industry, highlighting the challenges of uncertainty and the financial burden on businesses and consumers. It addresses misconceptions about the U.S. trade deficit, arguing that it reflects a strong economy. The video also explores the shift in production from China to Vietnam due to rising costs and trade policies, emphasizing Vietnam's growing market share and capacity challenges.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does the text suggest that duties impact consumers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What advantages does Vietnam have in the global market according to the discussion?

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