VOICED : Argentina elimina el cepo cambiario

VOICED : Argentina elimina el cepo cambiario

Assessment

Interactive Video

Business, Social Studies, History

9th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

Argentina is undergoing significant economic changes as the government lifts currency controls, allowing free purchase and sale of dollars. This decision follows a sharp devaluation of the peso, marking a shift from a gradual to a shock strategy. The Central Bank's previous strategy failed due to reserve losses and unmet inflation expectations. The government believes the recent devaluation aligns with its economic goals amid high inflation and competitiveness loss. The policy shift represents a departure from a decade of strict market intervention.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major change did the Argentine government announce regarding currency controls?

No change in currency controls

Increase in currency controls

Removal of currency controls

Introduction of new currency controls

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did the Argentine government decide to change its devaluation strategy?

The previous strategy was too slow

The previous strategy was not working

The previous strategy was too fast

The previous strategy was too effective

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the reasons the Central Bank's strategy was not successful?

It increased inflation expectations

It reduced inflation expectations

It had no effect on inflation expectations

It stabilized inflation expectations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic conditions were present in Argentina during the recent devaluation?

Low inflation and high competitiveness

High inflation and loss of competitiveness

High inflation and high competitiveness

Stable inflation and high competitiveness

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What measures did the Argentine government previously implement to prevent capital flight?

Encouraging foreign investment

Allowing free currency exchange

Reducing taxes on foreign tourism

Restricting dollar purchases and taxing foreign tourism