ADB Trims Developing Asia 2019 Forecast
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University
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Hard
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The video discusses the reasons behind the downgrade of economic forecasts due to potential trade disputes between China and the US. It analyzes two scenarios of trade measures and their impact on Chinese growth, which is expected to decline over a few years. The discussion also highlights opportunities for other countries in the region to fill the economic gap left by China. Three channels of economic impact are identified, and the overall effect on Asia is slightly positive, with some countries experiencing growth in sectors like electricity and textiles.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
According to the analysis, what is the overall impact of the trade measures on the economies of Asia?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Which sectors are likely to gain in the context of the trade measures, according to the data analysis?
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OFF
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