VOICED : Canal de Panama: rompen negociaciones por

VOICED : Canal de Panama: rompen negociaciones por

Assessment

Interactive Video

Business, Geography, History

9th - 10th Grade

Hard

Created by

Wayground Content

FREE Resource

The Spanish builder Sassir and the Panama Canal Authority have broken off negotiations over cost overruns in the canal's expansion project. The construction of a third lock, initially set for completion in 2015, is delayed due to this dispute. The consortium leading the project demands a 50% increase in the budget, citing unforeseen geological issues. They have threatened to halt work unless an additional $1.6 billion is paid. The consortium warns of potential legal battles if a resolution isn't reached. The canal's expansion is vital for global trade, allowing larger ships to pass through, effectively doubling the current container capacity.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the original completion year for the Panama Canal expansion project?

2015

2016

2014

2013

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the initial budget did the consortium request as a cost overrun?

75%

100%

50%

25%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much additional funding did the consortium demand to continue the work?

$1.6 billion

$1.4 billion

$1.8 billion

$1.2 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential consequence for Panama if no agreement is reached?

Loss of international trade

Years of legal disputes

Closure of the canal

Increased shipping costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum number of containers the expanded canal will allow ships to carry?

14,000 containers

12,000 containers

10,000 containers

8,000 containers