asian regionalism

• 1) __________ says it doesn't want a trade war—but it's not going to back down if President Trump starts one.

  CHINA
• 2) Trump administration recommended new 25%__________ on $50 billion in Chinese goods

  TARIFFS
• 3) The following are the three biggest exports from the US to China except

  Soybean, aircrafts and cars Tobacco

  except Tobacco
• 4) China produces three tenths of global output in terms of __________ .

  PURCHASING POWER
• 5) Asia is now so important to the world economy that it must also play a larger role in __________ .

  GLOBAL ECONOMIC LEADERSHIP
• 6) The following are proofs that the center of gravity of the global economy is shifting to Asia except

  Growth in international migration
• 7) Asia's economies are increasingly connected through the following except

  ~CULTURE direct investment, labor and tourist flows, financial transactions

  CULTURE
• 8) For regionalism to benefit Asia, the following should be done to to boost their productivity and sustain the region's exceptional growth.

  link the competitive strengths of its diverse economies
• 9) For regionalism to benefit Asia, the following should be done to enhance financial stability

  CONNECT THE REGION'S CAPITAL MARKETS
• 10) Asia's extraordinary success has brought new challenges while rapid economic growth remains a priority, citizens demand that it also be __________.

  SUSTAINABLE AND MORE INCLUSIVE
• 11) Asia is now so important to the world economy that it must also play a larger role in global economic

  LEADERSHIP
• 12) The following are characteristics of the Asian region except;

  ~invest in 96% of global research and development expenditures

  ~records the world's highest economic growth rates

  ~produces three tenths of global output (in terms of purchasing power)

  ~home to over half the world's population

  invest in 96% of global research and development expenditures
• 14) For regionalism to benefit Asia, the following should be done to make more resources available for investment and development

  POOL THE REGION'S FOREIGN EXCHANGE RESERVES
• 15) For regionalism to benefit Asia, the following should be done to minimize the effects of global and regional shocks

  COOPERATE IN SETTING EXCHANGE RATE AND MACROECONOMIC POLICIES
• 16) Modified True or False

  1ST The Trump administration recommended new 35% [25%] tariffs on $50 Billion in Chinese Goods

  2ND The new categories of American Goods that would face tariffs under the move include aircraft, soybeans and car which were last year's three biggest exports from the US to China

  Only the second statement is true
• 17) Modified True or False

  1ST China hasn't said when its tariffs will take effect, and the US tariffs are not due to take effect until May 11 at the earliest

  2ND Beijing hit back with hours with its own proposed tariffs on 206 [106] American products accounting for around $50 Billion in trade


  Only the first statement is true
• 18) For regionalism to benefit Asia, the following should be done to facilitate the resolution of global imbalances

  cooperate in setting exchange rate and macroeconomic policies
• 19) For regionalism to benefit Asia, the following should be done to reduce inequalities

  build connected infrastructure and collaborate on inclusive development
• 20) For regionalism to benefit Asia, the following should be done to minimize the effects of global and regional shocks

  cooperate in setting exchange rate and macroeconomic policies
• 21) For regionalism to benefit Asia, the following should be done to make more resources available for investment and development

  POOL THE REGION'S FOREIGN EXCHANGE RESERVES
• 22) The following are examples of protectionist blocs except

  ~fortress Asia

  ~fortress Africa

  ~fortress North America

  ~fortress Europe

  fortress Africa
• 23) Asia's extraordinary success has brought new challenges—while rapid economic growth remains a priority, citizens demand that it also be __________.

  SUSTAINABLE AND MORE INCLUSIVE
• 24) How can Asian Regionalism contribute to the efficiency and stability of global financial markets?

  BY MAXIMIZING THE PRODUCTIVE USE OF ASIAN SAVINGS
• 25) Asian Regionalism connect the region's capital markets to enhance the following except;

  ~financial stability

  ~political stability

  ~improve opportunities for sharing risks

  ~reduce the cost of capital

  political stability