Hauliers' trade body comments on first Northern Ireland freight checks

Hauliers' trade body comments on first Northern Ireland freight checks

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the initial quiet response of companies to new trade rules, attributed to stockpiling and cautious observation. It explores the impact of the trade deal and Northern Protocol, highlighting potential challenges like tariffs and regulatory divergence. Companies are adapting with grace periods for export health certificates and processed food. Logistics face challenges, but Northern Ireland benefits from unfettered EU access. Despite increased paperwork, the Northern Protocol may boost Northern Ireland's economy by facilitating trade with the EU and UK.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two main reasons companies are being cautious in the first days of the new trade rules?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways might businesses look to adapt their sourcing strategies due to the new trade rules?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How are companies in Northern Ireland preparing for the changes brought by the Northern Protocol?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are GB suppliers facing regarding the Northern Protocol?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does the Northern Ireland Protocol have on the movement of goods?

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