Argentina's Macri Asks IMF to Speed Up Bailout Payments

Argentina's Macri Asks IMF to Speed Up Bailout Payments

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

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The video discusses Argentina's economic crisis, highlighting measures taken to restore investment confidence, such as securing an IMF deal and raising interest rates. Despite these efforts, the peso continues to fall, leading to public unrest and strikes. The central bank's interventions, including selling reserves and raising rates, have not fully convinced investors. Public confidence is low, with many Argentines converting pesos to dollars.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Argentina's primary goal in securing the IMF deal?

To cover all debt payments without issuing more debt

To increase foreign investments

To reduce inflation rates

To stabilize the peso against the dollar

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the central bank's highest benchmark interest rate in the world as of the discussion?

50%

45%

40%

35%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Despite the central bank's interventions, what continued to happen to the peso?

It stabilized

It strengthened

It remained unchanged

It weakened further

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant event was happening in Buenos Aires as a reaction to the economic crisis?

A new economic policy announcement

A currency reform

A teachers' strike

A government bailout

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are Argentines reacting to the falling peso?

Increasing savings in pesos

Investing in local businesses

Buying more government bonds

Switching pesos to dollars