The Hong Kong Trade and Investment Hub Quiz

A vibrant skyline of Hong Kong with containers and trade activities, showcasing the bustling economic environment and cultural integration with mainland China.

Test Your Knowledge on Hong Kong Trade

How well do you know the dynamics of Hong Kong's trade and investment landscape? Take this quiz to challenge your understanding and learn more about its economic history, partnerships, and current challenges.

Multiple-choice questions
Explore important trade agreements
Gain insights into Hong Kong's economic growth

12 Questions3 MinutesCreated by ExploringTrade101

In which time period did the importation of food and water took place in Hong Kong

1960

Post-War

1970

None of the above

The Closer Economic Partnership Arrangement (CEPA) between Hong Kong and mainland China provides?

Low taxes fees of the goods and services originated by Hong Kong to mainland China

Tariff- free import of mainland China’ goods and services between the two countries

High taxes and tariffs for the Hong Kong-origin goods to mainland China as well as high tariffs for any preferential access to any service sectors

Tariff-free export of Hong Kong-origin goods to mainland China as well as preferential access to specific service sectors

Export incentives

Help boosting the exporting country's gross output and assisting corporations in increasing sales, creating jobs, and expanding into new markets.

Tax imposed by one country on the exported goods and services imported from another country

Programs that are governed by regulations, laws, money, or taxes and are intended to encourage companies to export particular goods or services

Is the total monetary or market value export of all finished goods and services produced within the borders of a country during a given time period

Brain drain is the arrival of educated or professional people from one country, economic sector, or field for a expected better pay or living conditions.

True

False

Since tensions between Russia and Ukraine deteriorated, prices for shares on the Hong Kong stock exchange and corporate bonds issued on the Chinese mainland denominated in US dollars have?

Plunged

Soared

Been lateral

Thrusted

Hong Kong's food consumer price index is more impacted by?

Rental and service costs

Ukraine-Russia war

Sales

Taxes

What is one reason Hong Kong is exporting to China?

Because of their history

People from HK love China

Similar taste and culture

Close and well-connected

An Agent:

Finds customers for the foreign company in return for a commission on sales

Purchases the goods from the foreign supplier and sells them in China on its own account

Acts as an intermediary between buyer and seller in the international market

Export goods after purchasing them from manufacturers

What is one known issue during the export process to China?

Not enough customers in the Chinese market

Inconsistent and unfavorable interpretation of regulations

Low quality transportation

Chinese people hate Hong Kong

A freight forwarder?

Arranges cargo on behalf of shippers

Export goods after purchasing them from manufacturers

Acts as an intermediary between buyer and seller in the international market.

Purchases the goods from the foreign supplier and sells them in China on its own account

The Hong Kong Trade and Investment Hub Quiz

Test Your Knowledge on Hong Kong Trade

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