VOICED: Ciudad del Este, South America's tax-free free-for-all

VOICED: Ciudad del Este, South America's tax-free free-for-all

Assessment

Interactive Video

Business

10th Grade - University

Hard

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Quizizz Content

FREE Resource

The video explores Paraguay's third largest tax-free commerce zone, highlighting its appeal to Brazilian tourists who flock there for bargains on various goods. Middlemen, known as social arrows, play a significant role by buying items in bulk for resale. This commerce zone is crucial for Paraguay's economy but poses a threat to Brazil's market. Despite legal frameworks, enforcement is lax, leading to ongoing tensions between the two countries.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Paraguay face regarding its commerce zone and Brazilian economic power?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the Bridge of Friendship in the context of trade?

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