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US China Trade War

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

PBOC is the central Bank of China? PBOC Stands For

a)

Public Bank of China

b)

Peoples Bank of China

c)

Popular Ban of China

2.

USTR communicates trade policies of USA? What does USTR stand for?

a)

United States Tripartite Rolls

b)

United Sates Treasury Representatives

c)

United States Trade Representatives

3.

US China Reached First Phase Agreement wrt Trade War on which date?

a)

January 15th 2021

b)

January 15th 2020

c)

December 15th 2020

d)

December 15th 2019

4.

Made in China 2025 have been perceived by USA as a threat to their world leadership in terms of Economic Power and have been partly responsible for US China Trade War. What is the objectives of Made In China 2020?

a)

To engineer a shift for China from being a low-end manufacturer to becoming a high-end producer of goods.

b)

Transitioning the country’s existing manufacturing infrastructure and labor market towards producing more specialized output

c)

Pushing for leadership in robotics, information technology, and research & development.

d)

All of the above

5.

Value of Goods Tariffed by USA and China during the trade war, respectively are?

a)

360 Billion USD and 110 Billion USD

b)

260 Billion USD and 110 Billion USD

c)

200 Billion USD and 110 Billion USD

d)

100 Billion USD and 110 Billion USD

6.

Which Chinese Company was delisted in January 2021 from US Equity Indexes in January 2021?

a)

China Mobile

b)

China Unicom

c)

China Telecom

d)

All of the Above

7.

What Action did Trump take on China in 2018 wrt Trade War?

a)

Imposed Tariffs

b)

File a case against China with Word Trade Organisation

c)

Restricted Chinese Investment into high tech sectors of US Economy

d)

All of the above

8.

What is Trade Deficit which US has with China in 2019?

a)

345.2 Billion USD

b)

600 Billion USD

c)

542.8 Billion USD

9.

How much of USA's debt China Holds?

a)

1.3 Trillion USD

b)

2.3 Trillion USD

c)

1.07 Trillion USD

d)

2.07 Trillion USD

10.

How much additional import was promised by China to Trump in the first phase of agreement on 15th Jan 2020

a)

300 Billion USD

b)

200 Billion USD

c)

350 Billion USD

d)

400 Billion USD