U.S. Oct. Goods-Trade Gap Widens to Monthly Record

U.S. Oct. Goods-Trade Gap Widens to Monthly Record

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the potential impacts of tariffs on inventory and trade deficits, particularly between the US and China. It explores the possibility of a short-term trade agreement to ease tensions, which may include China purchasing more US exports and providing market access. The importance of detailed agreements and benchmarks is emphasized to ensure both sides are committed to reducing trade tensions.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What specific areas might China agree to purchase more exports from the US?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What details are important for assessing the seriousness of the agreement between the US and China?

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