
Contributor's Take: Stephanie Flanders
Interactive Video
•
Business, Social Studies
•
University
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
The video discusses major global threats such as climate change and the disruptive impact of internet technology. It highlights the ongoing issues with the US-China trade deal, including high tariffs and the lack of a global system for resolving trade disputes. The challenges facing the global trading system, including Brexit, are also covered. The video explains how central banks have kept interest rates low, impacting their ability to combat future recessions. Finally, it questions whether global economic collaboration, similar to that seen in 2008, is possible in the current climate.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the implications of the lack of a global system for resolving trade disputes?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
In what ways have central banks' interest rates remained low despite economic recovery?
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OFF
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