OECD's Mann Says Open Trade Fosters Productivity Growth

OECD's Mann Says Open Trade Fosters Productivity Growth

Assessment

Interactive Video

Business

University

Hard

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The video discusses the European Central Bank's (ECB) policy challenges, particularly the impact of exchange rate appreciation on quantitative easing and policy rates. It highlights market reactions to policy announcements by Janet Young and Mario Draghi. The importance of globalization and economic openness is emphasized, with a focus on how these factors contribute to productivity growth and sustainable economic recovery. The video also addresses the need for openness to facilitate technology transfer and avoid protectionism, which can lead to increased productivity, rising wages, and job creation.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does the appreciation of the euro raise for the ECB?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the speaker's view on the sustainability of the global recovery?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does openness contribute to productivity growth according to the speaker?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does innovation play in the context of frontier markets?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the relationship between trade openness and job creation for youth?

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