Trichet: Germany Holds 'Enormous' Current Account Surplus

Trichet: Germany Holds 'Enormous' Current Account Surplus

Assessment

Interactive Video

Business

University

Hard

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The video discusses economic imbalances in Europe, focusing on the differences between the current situation and the financial crisis. It highlights the dynamics of a single market, emphasizing capital movement and Germany's significant current account surplus compared to the US deficit. The video concludes by analyzing macroeconomic policies and dismissing the notion that the current situation mirrors the pre-crisis period.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two imbalances mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the phrase 'freemove of capital' in the context of the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the current account surplus of Germany compare to the deficit of the US?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker imply about the macro policies in Europe?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

In what way does the speaker believe the current economic situation differs from the crisis of 2007 or 2008?

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