VOICED: Poland a shopper's paradise -- for Lithuanians

VOICED: Poland a shopper's paradise -- for Lithuanians

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

In Suwalki, Poland, vendors are experiencing increased business due to the depreciation of the Polish zloty compared to the strong euro in Lithuania. This currency difference encourages Lithuanians to shop across the border, saving significant amounts on purchases. The influx of Lithuanian shoppers has boosted sales for Polish vendors, with some seeing a tenfold increase in customers. This economic activity is contributing to Poland's economic growth, which is expected to rise by 2-4% despite a recession in Europe.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the effect of the Zloty's depreciation on Suwalki's businesses?

It has resulted in increased business activity.

It has led to a decrease in business activity.

It has had no effect on business activity.

It has caused businesses to close down.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do Lithuanians prefer shopping in Suwalki?

Because they want to support the Polish economy.

Because they can find better deals due to the Zloty's depreciation.

Because the Zloty is stronger than the Euro.

Because they have no shopping options in Lithuania.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenges do Lithuanian retirees face according to the transcript?

They have high pensions.

They have to support their employed grandchildren.

They struggle to survive on their pensions.

They have no access to cross-border shopping.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has cross-border shopping affected Polish vendors?

It has decreased their sales.

It has increased their sales significantly.

It has had no impact on their sales.

It has forced them to lower prices.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected economic growth for Poland despite the European recession?

0-1%

4-6%

1-2%

2-4%