CLEAN:Japan still number two economy ahead of China

CLEAN:Japan still number two economy ahead of China

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10th Grade - University

Hard

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The transcript discusses the economic growth of China compared to Japan, highlighting China's faster growth rate. It addresses Japan's economic challenges, particularly deflation, which has been significant since the global financial crisis. The transcript notes Japan's poor economic performance among OECD countries, with a notable contraction in its economy. It concludes with economic forecasts for Japan in 2010, suggesting a slightly optimistic outlook compared to consensus predictions.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the trend of the Chinese economy compared to the Japanese economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is identified as the biggest problem in Japan's economy?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has deflation impacted Japan's economy since the global financial crisis?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the contraction of Japan's economy compare to other OECD countries?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the expected economic growth rates for Japan in 2010?

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