What is a significant challenge in estimating the impact of a trade war on the global economy?
China Wants to Promote Yuan as Stable Currency, Weinberg Says

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Business, Social Studies
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Stable global supply chains
Availability of alternative markets
Predictable currency fluctuations
Lack of historical precedents for high tariffs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the Chinese yuan not considered to be in a state of crisis?
It has been replaced by the euro
It is no longer used in global trade
It remains within its established trading range
It has significantly strengthened against the dollar
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is China's long-term goal for the yuan?
To peg it to the US dollar
To replace the euro as the primary global currency
To devalue it to boost exports
To maintain it as a stable currency for global trade
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do tariffs imposed by China on US goods differ from those imposed by the US on Chinese goods?
US tariffs target primary commodities
Chinese tariffs are higher than US tariffs
Chinese tariffs target high-tech products
US tariffs affect goods with no alternative sources
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role do free trade zones play in the context of tariffs?
They increase the cost of goods
They allow goods to bypass tariffs
They are subject to higher tariffs
They are exclusive to the US
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