VOICED : Argentina pierde USD 2.000 millones en re

VOICED : Argentina pierde USD 2.000 millones en re

Assessment

Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

Argentina has lost over $2 billion in monetary reserves this year due to loans to the government for debt cancellation and daily currency management. The Banco Central's reserves are now at $28.52 billion. The country, isolated from global capital markets, relies on official entities for treasury financing. The demand for dollars increased after the partial lifting of exchange controls, with nearly 76,000 foreign currency purchase operations totaling $41.5 million. Only small savers, workers, professionals, and small property owners can buy up to $2,000 monthly, limited to 20% of their declared income.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason for the loss of Argentina's monetary reserves?

Increased foreign investments

Loans to the government for public debt

Decreased tourism

Rising oil prices

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a consequence of Argentina's self-exclusion from the global capital market?

Higher interest rates

More foreign investments

Dependence on official entities for financing

Increased foreign aid

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What event led to an increase in market demand for dollars?

Decrease in export tariffs

Lifting of currency controls

Introduction of new taxes

Increase in foreign investments

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under the new regime, who is allowed to purchase foreign currency?

Foreign investors

Only government officials

Large corporations

Small savers and professionals

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the monthly limit for purchasing foreign currency under the new regime?

10,000 dollars

1,000 dollars

5,000 dollars

2,000 dollars