Bank of Korea May Cut Rates, MUFG Bank's Tan Says

Bank of Korea May Cut Rates, MUFG Bank's Tan Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the economic leeway of China, South Korea, and Japan in response to the coronavirus outbreak, highlighting South Korea's potential for stimulus policies. It examines the virus's impact on China's and South Korea's growth, predicting significant economic slowdowns. The discussion shifts to Australia's Reserve Bank, which maintains its growth forecast despite uncertainties, suggesting a cautious approach might be beneficial given the country's ties to China's commodity demand.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential economic consequences for China due to the COVID-19 outbreak?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might South Korea's economic growth be affected by the COVID-19 situation?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of fiscal stimulus measures in response to the economic downturn?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the stance of the RBA regarding its growth forecast amidst the pandemic?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could central banks be caught off guard by the pandemic's impact?

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