VOICED : Cuba se prepara para poner fin a su doble moneda

VOICED : Cuba se prepara para poner fin a su doble moneda

Assessment

Interactive Video

Business, Social Studies, History

9th - 10th Grade

Hard

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Cuba has maintained a dual currency system for 24 years, with the CUC and CUP. The government plans to eliminate the CUC to open up the economy, a move initiated by Raúl Castro's economic reforms. This change aims to unify the currency but may lead to inflation and other economic challenges. The transition could affect state enterprises and exporters, potentially leading to supply shortages. The successor to Castro will oversee the final implementation of the currency unification.

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OPEN ENDED QUESTION

3 mins • 1 pt

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