Trump Has Caught the Attention of China Policymakers, Ex-Australian PM Rudd Says

Trump Has Caught the Attention of China Policymakers, Ex-Australian PM Rudd Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the impact of US tariffs on $200 billion of Chinese imports and China's response, including its stance on not devaluing the Yuan. It explores China's economic strategies, such as holding US Treasurys, and the effects of these tariffs on US companies. The discussion extends to the broader implications for global trade and the strategic shifts in US-China relations, highlighting the potential long-term changes in international trade dynamics.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was China's stance on using the Yuan to stimulate exports?

China plans to devalue the Yuan to boost exports.

China has already devalued the Yuan for export stimulation.

China will never devalue the Yuan to stimulate exports.

China is undecided about the Yuan's role in exports.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is China unlikely to reduce its US Treasury holdings?

China plans to sell all its US Treasuries soon.

China has no significant investment in US Treasuries.

China believes it is not in its best interest to reduce them.

China wants to increase its US Treasury holdings.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor influencing the timeline for resolving the US-China trade war?

The outcome of the US midterm elections.

The weather conditions in China.

The price of oil globally.

The number of US tourists visiting China.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might the US-China trade war affect global trade flows?

It will have no impact on global trade.

It will likely reduce the growth in global trade.

It will only affect trade between the US and China.

It will significantly increase global trade.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one potential measure China might take if backed into a corner in the trade war?

Increase tariffs on European goods.

Ban all American products from China.

Tax American components in the global supply chain.

Devalue the Yuan significantly.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the risk of the US-China trade war on international relations?

It will only affect relations between the US and Europe.

It could lead to a fundamental shift in trade relations.

It will have no effect on international relations.

It will strengthen US-China relations.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the new period emerging between the US and China according to the transcript?

Strategic engagement

Strategic competition

Economic cooperation

Diplomatic isolation