VOICED : Ex Soviet Moldova feels squeeze from Russian fruit embargo

VOICED : Ex Soviet Moldova feels squeeze from Russian fruit embargo

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

Moldova faced significant economic challenges after Russia banned its fruit exports, leading to a $145 million loss. The local currency's devaluation worsened the situation, prompting farmers to protest for increased subsidies. Moldova's attempt to enter the EU market is slow due to unfamiliar apple varieties. However, a fair trade agreement with the EU and financial aid offer hope for future growth and reduced reliance on Russia.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary reason for Russia's ban on Moldovan fruit exports?

To reduce import costs

To protect Russian farmers

In retaliation for Moldova's closer ties with the EU

Due to poor quality of Moldovan produce

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the immediate effects of the Russian embargo on Moldovan farmers?

Surplus of harvest in fields

Improved relations with Russia

Increase in local sales

Higher export prices

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the European market challenging for Moldovan apple producers?

Strict environmental regulations

Different apple varieties preferred

Lack of demand for apples

High tariffs on imports

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of Moldova's annual apple production has been exported to the EU?

5%

1%

10%

15%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the EU trade agreement expected to benefit Moldova in the long term?

By reducing agricultural subsidies

By increasing reliance on the Russian market

By limiting agricultural production

By improving product quality and providing financial aid