Yellen: U.S. Needs to Take On China's 'Abusive' Practices

The video discusses China's unfair economic practices, including product dumping, trade barriers, illegal subsidies, and intellectual property theft. It highlights China's technological advantage through forced technology transfers and its global labor and environmental standards. The video emphasizes the need for a comprehensive response using various tools and the importance of collaborating with allies.

What is one of the methods China is accused of using to undercut American companies?

• Increasing import tariffs

• Dumping products

• Reducing production costs

• Improving product quality

Which practice is China accused of that gives it an unfair technological advantage?

• Reducing labor costs

• Forced technology transfers

• Improving educational standards

• Increasing export taxes

What illegal activity is China accused of in relation to intellectual property?

• Overpricing technology

• Ignoring patent laws

• Stealing intellectual property

• Selling counterfeit goods

What is the global issue related to China's practices that the section suggests addressing?

• Cultural influence

• Military expansion

• Global labor and environmental standards

• Currency manipulation

Why is it important to work with allies according to the section?

• To enhance military strength

• To reduce economic competition

• To increase trade barriers

• To address global practices effectively