Why did the Cuban government stop accepting U.S. dollar deposits in cash?

VOICED : Rige en Cuba prohibición de depósitos de dólares en efectivo

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Social Studies, Business
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9th - 12th Grade
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To stabilize the local currency
To increase foreign investments
Due to U.S. sanctions preventing the export of collected dollars
To encourage the use of the euro
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What effect did the restriction on dollar deposits have on the euro?
It had no effect on the euro
It decreased the euro's value
It increased the euro's value
It made the euro illegal in Cuba
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which transactions are not affected by the new Cuban monetary measure?
All foreign currency transactions
Local currency transactions
Electronic transfers and deposits in other foreign currencies
Cash deposits in U.S. dollars
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the Cuban government described in relation to its people?
Unaware of the population's struggles
Indifferent to the population's needs
Focused on international relations
Concerned and attentive to the population
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role do remittances play in the Cuban economy?
They are the primary source of income
They are the second largest source of foreign currency
They have no significant impact
They are a minor source of foreign currency
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