VOICED : Argentina flexibiliza el cepo, con restri

VOICED : Argentina flexibiliza el cepo, con restri

Assessment

Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

Argentina has slightly eased its currency controls, allowing limited monthly purchases of up to $2,000 or 20% of average income. Restrictions remain for those earning less than $900 monthly and for large investors. A 20% tax applies unless dollars are banked for a year. A 35% tax on foreign card purchases persists. These changes follow a 15% peso devaluation amid global currency turbulence.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the monthly limit for purchasing foreign currency in Argentina?

4,000 dollars

1,000 dollars

2,000 dollars

3,000 dollars

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is excluded from purchasing foreign currency in Argentina?

Individuals with monthly income over 900 dollars

Companies and large investors

Tourists visiting Argentina

Students studying abroad

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the tax advance percentage on currency purchases in Argentina?

10%

15%

20%

25%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the condition to be exempt from the 20% tax advance on currency purchases?

Purchasing goods within Argentina

Depositing the dollars in a bank for a year

Investing in local businesses

Using the currency for travel expenses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage devaluation of the Argentine peso mentioned in the video?

25%

20%

15%

10%