Finland Trade Minister: Concerned About Current Trade Tensions

Finland Trade Minister: Concerned About Current Trade Tensions

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses the ongoing trade war between the US and China, highlighting concerns from Finland and the EU about global trade tensions. It emphasizes the importance of a rules-based system and multilateral world order. The EU, under Finland's presidency, is committed to maintaining a positive trade agenda with the US while being ready to defend its interests according to WTO rules. Dialogue and leadership are key to alleviating tensions, with the EU being the largest free trade zone. The trade war's impact on industries and products is noted, stressing the need for a multilateral approach.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Identify the industries that are most affected by the trade war as mentioned in the text.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is emphasized as the most important aspect of international trade in the text?

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