The Hong Kong Trade and Investment Hub Quiz
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
I what period of time was the greates impact on Hong Kong's economic growth?
1841
1859
1831
1849
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
Who is China’s main trade partner?
India
France
United States
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
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