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

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

Assessment

Interactive Video

Social Studies, Business

9th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

Cuba has banned cash dollar deposits in banks due to US sanctions, affecting citizens who rely on remittances. The euro is gaining prominence in non-state markets. The Cuban government assures that electronic transfers and other foreign currency deposits remain unaffected. Remittances are crucial for Cuba's economy, but US-Cuba relations remain strained.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

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