OECD's Mann Says U.S. Border Tax Won't Achieve Objective

OECD's Mann Says U.S. Border Tax Won't Achieve Objective

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the implications of a border tax, highlighting its potential to increase export costs and questioning its effectiveness. It contrasts different economic models, emphasizing the importance of overall trade deficits over bilateral ones. The discussion extends to global trade dynamics, comparing countries like Germany, the UK, and the US. The OECD forecast warns of risks from increased trade barriers, potential stock market volatility, and the continuation of low growth, stressing the need for careful economic strategies.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could a border tax adjustment negatively impact exporters?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the unique challenges faced by different trading nations like Germany and the UK?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the combination of corporate tax reform and border tax adjustment be problematic?

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