Here's How Protectionism Could Impact Shipping

The video discusses regional trade and protectionism, focusing on the impact of globalization and the challenges faced by the shipping industry. It highlights the outlook for agricultural exports from Australia, particularly to Asia, and the trends in mergers and acquisitions within the shipping sector. The discussion also covers the consequences of unsustainable business practices and the importance of global trade for GDP.

What is one of the main topics expected to be at the top of the agenda during the Chinese Premier's visit to Australia?

• Technology advancements

• Environmental policies

• Regional trade and protectionism

• Healthcare improvements

Which country's meat exports have been rising while Australia's have been falling?

• Argentina

• Brazil

• India

• Canada

What percentage of global GDP is generated by global trade?

• 60%

• 70%

• 40%

• 50%

In which year did the shipping industry see a significant increase in mergers and acquisitions?

• 2014

• 2015

• 2017

• 2016

What lesson did the shipping industry learn from the challenges faced by Asian shippers like Han Jin?

• The importance of expanding fleet size

• The need for sustainable business practices

• The benefits of reducing shipping routes

• The necessity of increasing shipping rates