Global Manufacturing Stuck in a Slump

Global Manufacturing Stuck in a Slump

Assessment

Interactive Video

Created by

Quizizz Content

Business, Social Studies

University

Hard

The video discusses the current economic climate, highlighting a weak market outlook in Asia following a poor performance in the US. It examines the global manufacturing slump, attributing it to prolonged US-China trade tensions and tariffs. The video also covers the impact on various sectors, including the chip industry, and the response of central banks like the RBA. Finally, it explores the potential outcomes of upcoming US-China trade talks, emphasizing the need for concrete progress to alleviate global economic pressures.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the RBA's rate cut for the global economy?

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OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What signs of progress are necessary for easing trade tensions between the US and China?

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OFF