G-7 Meeting Begins in Japan, What's on the Agenda?

G-7 Meeting Begins in Japan, What's on the Agenda?

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the importance of stable foreign exchange (FX) rates and the potential economic harm caused by excessive and disorderly FX movements. It highlights Japan's position on FX stability and the US's concerns about global currency manipulation, particularly involving Japan, Germany, and China. The video also explores what constitutes a disorderly FX move, referencing Japan's intervention during the 2011 earthquake and tsunami, and emphasizes the need for coordinated global efforts to avoid competitive devaluation.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Japan's finance Minister Taro say about recent moves in FX?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of stable FX according to the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the concerns regarding competitive devaluation mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What example did the US Treasury Secretary give regarding disorderly FX moves?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the US view the recent momentum in currency movements?

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