VOICED: Ciudad del Este, South America's tax-free free-for-all

VOICED: Ciudad del Este, South America's tax-free free-for-all

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

The video explores Paraguay's third largest tax-free commerce zone, highlighting its appeal to Brazilian tourists who flock there for bargains on various goods. Middlemen, known as social arrows, play a significant role by buying items in bulk for resale. This commerce zone is crucial for Paraguay's economy but poses a threat to Brazil's market. Despite legal frameworks, enforcement is lax, leading to ongoing tensions between the two countries.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main attraction for shoppers in Paraguay's commerce zone?

Luxury cars

Tax-free bargains on various goods

High-end fashion brands

Exclusive gourmet food

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are the 'social arrows' mentioned in the video?

Government officials monitoring trade

Local artisans selling handmade goods

Tourists visiting for leisure

Middlemen buying in bulk to resell

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the marketplace impact Paraguay's economy?

It only benefits foreign investors

It is a minor contributor to the economy

It is the main economic motor for the country

It has no significant impact

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does Brazil view the success of Paraguay's marketplace as a threat?

It leads to cultural exchange

It causes environmental damage

It competes with Brazil's own industries

It attracts too many tourists

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current status of the law regarding 'social arrows' in Paraguay?

Not enforced, leading to high tensions

Strictly enforced with heavy penalties

Only applicable to local traders

Recently abolished