US vs China Trade Wars
Navigating the US-China Trade Wars
Test your knowledge about the intricate trade relationships between the United States and China. This quiz covers key economic indicators, trade dynamics, and the impact of the trade war on global economies.
Topics included:
- Trade impacts
- Economic growth
- International relations
- Australian economy reliance
What was the unemployment rate in the US in 2010?
8.7%
10.0%
9.5%
9.3%
In the first quarter of 2021, how much did the US economy grow by?
6.4%
5.8%
6.9%
6.0%
Trade hostilities between China and U.S caused the value of Australian market to fall by $50 billion by August 2019?
True
False
Which nations have helped to keep the Australian economy from failing entirely?
India
UK
Japan
South Korea
Malaysia
Has the devaluation of China's currency affected Australia?
Yes
No
What are the negative impacts on the global economy from the trade war?
Poor Economic Growth
Increased Taxation
Lack of Business Investments
All of the Above
When did China and Australia agree to establish "a new diplomatic architecture for the relationship"?
2013
2014
2015
2016
Is China Australia's largest trading partner for imports and/or exports?
Imports
Exports
Imports and Exports
13% of what does Australia export to China?
Wool
Iron Ore
Angus Beef
Thermal Coal
China purchased $165 billion in goods and services from the United States in 2015?
True
False
Is Australia's economy reliant on China and the US?
Yes
No
Partially
What is the expected growth percentage for the annual GDP growth in the US?
7.1-10.5%
8.9-12%
7.5-12.1%
7.5-12%
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