Biggest Issue of Trade Talks Is Enforcement of Commitments, Says Paulson Institute’s Lehr

Biggest Issue of Trade Talks Is Enforcement of Commitments, Says Paulson Institute’s Lehr

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Business, Social Studies

University

Hard

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The transcript discusses recent US-China negotiations, highlighting the return to the negotiating table and the challenges of enforcement in the agreement. It explores the political context, including the impact of the US election cycle and Democratic debates. The discussion also covers Chinese negotiation tactics and the need for China to open its economy to foreign competition. The potential for future reforms and the importance of agricultural purchases are also addressed.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the key progress made in the recent US-China talks?

China agreed to all US demands.

A new trade agreement was signed.

The US lifted tariffs on Chinese goods.

Both sides returned to the negotiating table.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is considered the biggest challenge in finalizing the US-China trade agreement?

Setting a timeline for negotiations

Reducing tariffs

Enforcement of the agreement

Agreeing on agricultural purchases

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might it not be beneficial for China to wait for a new US administration?

A new administration would prioritize other countries.

Trade agreements are not affected by US politics.

Democratic candidates are more lenient on China.

Both parties in the US agree on being tough on China.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are the Chinese described in terms of their negotiation tactics?

Inexperienced and naive

Tough and focused on national interest

Flexible and accommodating

Indifferent to timelines

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the 'low hanging fruits' in the US-China trade negotiations?

Enhancing cultural exchanges

Increasing agricultural purchases

Improving diplomatic relations

Reducing military presence

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a necessary step for China to continue its economic growth?

Closing its markets to foreign firms

Opening key sectors to foreign competition

Increasing domestic tariffs

Reducing exports

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential outcome if China does not open up to foreign competition?

Rapid economic growth

Stagnation of economic development

Increased foreign investment

Improved domestic industries