QUIZ 718

Check your Knowledge Quotient!

1. The U.S. is leading the push for the Trans-Pacific Partnership, a new regional free-trade agreement which excludes China.

A. True

B. False

C. Both of the above

D. None of the above

2. US$40 billion Silk Road Fund — Using this fund, China planning to build a network of trade-and-transport infrastructure linking China to Central and South Asia, the Middle East and Europe.

A. True

B. False

C. Both of the above

D. None of the above

           

3. US$50 billion Asian Infrastructure Investment Bank and US$40 billion Silk Road Fund - Chinese inititatives - have the potential to eclipse the World Bank and Asian Development Bank as the dominant multilateral lending institutions in Asia.

           

A. True

B. False

C. Both of the above

D. None of the above

4. The FTAAP [ Free Trade Area of the Asia-Pacific] could become a direct competitor to the Trans-Pacific Partnership, the central economic component of the Obama Administration’s rebalance to Asia.

A. True

B. False

C. Both of the above

D. None of the above

5. Flying Geese model- As one country becomes too expensive to produce a low-end product, it outsources it to others with cheaper labor.

A. True

B. False

C. Both of the above

D. None of the above

Best of luck!

Answers

1 – A, 2 – A, 3 – A, 4 – A, 5 – A