OECD's Gurria Calls Uncertainty the Greatest Enemy of Growth

OECD's Gurria Calls Uncertainty the Greatest Enemy of Growth

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the global economic outlook, highlighting China's growth rate and the IMF's confirmation of a deceleration in world growth. It examines the impact of trade tensions on investment and growth, emphasizing the uncertainty they create. The risks to global growth are explored, with a focus on the consequences of trade actions. The discussion shifts to Brexit, its systemic implications, and its impact on Europe. Various future scenarios and their implications for the UK and EU are considered, with a growing concern about a no-deal Brexit.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What growth rate is China expected to achieve according to the discussion?

6.6%

5.5%

4.5%

7.6%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is identified as the main obstacle to global economic growth?

Technological advancements

Environmental issues

Government policies

Trade tensions

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do trade tensions primarily affect future economic growth?

By stabilizing currency values

By increasing consumer spending

By reducing investment

By boosting exports

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is considered the greatest enemy of growth in the current economic climate?

Uncertainty

Inflation

High interest rates

Labor shortages

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the big elements of uncertainty affecting Europe?

Brexit

Climate change

Technological innovation

Population growth

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is Brexit considered systemic?

It only affects the UK

It is a temporary issue

It involves a major economy leaving the EU

It has no impact on global markets

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the likelihood of a no-deal Brexit according to the discussion?

Unchanged

Increasing

Stable

Decreasing