Understanding the Euro and Its Impact

Understanding the Euro and Its Impact

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Jennifer Brown

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main benefits of the euro for travelers?

They can use their local currency everywhere.

They don't need to exchange money in euro-using countries.

They receive discounts on flights.

They get free accommodation.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the euro enhance competition among companies?

By making it easier to compare prices and salaries across Europe.

By providing subsidies to all European companies.

By reducing the number of competitors in the market.

By allowing companies to set their own exchange rates.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a disadvantage of the euro for individual countries?

Countries can easily devalue their currency.

Countries lose some control over their economic policies.

Countries can set their own interest rates.

Countries can print more money to boost their economy.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the euro crisis primarily concerned with?

The influence of one country's bankruptcy on other euro states.

The increase in tourism within Europe.

The bankruptcy of non-European countries.

The rise of new currencies in Europe.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What measure has the European Central Bank taken to help indebted countries?

Providing free financial advice.

Buying government bonds at low interest rates.

Increasing the interest rates on loans.

Allowing countries to print more money.

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