JPM’s Frenkel: Fragmentation Is Greatest Danger to Economic Growth

JPM’s Frenkel: Fragmentation Is Greatest Danger to Economic Growth

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the economic tensions between the US and China, highlighting the global impact of their skirmish on investment, production, and economic expectations. It analyzes the Phase One trade agreement and its implications, emphasizing the need for political will to achieve further progress. The discussion also covers concerns about global economic stability, the role of Europe, and the risks to US exports. The importance of viewing trade through a multilateral lens rather than a bilateral one is stressed, as well as the need for stable relations between the world's largest economies for sustainable recovery.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a major concern in recent policy discussions regarding the global economy?

The impact of climate change

The rise of new economic powers

The decline of European markets

The skirmish between the US and China

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main outcome of the phase one agreement between the US and China?

A truce to prevent further escalation

A withdrawal from the climate change treaty

A complete resolution of trade issues

An increase in tariffs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it risky for Europe to benefit from the US-China conflict?

It could cause a decline in European exports

The US might target Europe next

It might result in a short-term economic boost

It could lead to a new trade war with Asia

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key risk to the US in the trade war with China?

The risk to US export dynamics

A stronger US dollar

A decrease in domestic production

Increased imports from China

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it problematic to view global trade through a bilateral lens?

It overlooks important multilateral aspects

It increases trade efficiency

It simplifies the trade process

It strengthens international relations