VOICED: Euro sends Slovak shoppers to border malls

VOICED: Euro sends Slovak shoppers to border malls

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the trend of Slovakians shopping in Hungary due to lower prices after Slovakia adopted the euro. This cross-border shopping raises concerns about its impact on the Slovak economy. The global economic downturn is already affecting Slovakia, with fears of a recession. The government emphasizes the importance of currency stability. Despite official inflation rates, Slovakians feel the pinch due to salary disparities compared to the rest of Europe, leading to continued cross-border shopping.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the reasons for Slovak shoppers traveling to Hungary for supplies?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the adoption of the euro affected prices in Slovakia compared to Hungary?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do Slovak officials have regarding the economic impact of shopping in Hungary?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current economic outlook for Slovakia as mentioned in the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How do salary levels in Slovakia compare to the European average according to the text?

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