China-America Trade War Quiz

What are the main economic challenges China is facing during the trade war with America?

• Decreasing foreign investments and high national debt

• A property crisis and strained local government finances

• High unemployment rates and inflation

• A decline in technological advancements

How has China reduced its economic reliance on America?

• By increasing its exports to America

• By developing its local tech companies and reducing exports to America

• By increasing imports from America

• By focusing solely on domestic demand

What leverage does China have over America in the trade war?

• Control over global oil prices

• Influence over American political decisions

• The ability to restrict chemicals and impact companies like Tesla

• The power to devalue the American dollar

What is a potential consequence of the ongoing trade war for America?

• A decrease in consumer prices

• A recession that could hurt Chinese exporters

• A significant increase in exports to China

• An increase in American technological dominance

What is the central question regarding the future of tariffs in the trade war?

• Whether tariffs will be removed entirely

• Whether tariffs are a temporary measure or a permanent fixture

• Whether tariffs will be increased further

• Whether tariffs will only affect certain industries