Banco de EEUU emite tarjeta de crédito para uso en Cuba

Banco de EEUU emite tarjeta de crédito para uso en Cuba

Assessment

Interactive Video

Business, Social Studies, History

9th - 10th Grade

Hard

Created by

Wayground Content

FREE Resource

Americans traveling to Cuba can now use US credit cards, thanks to Stonegate Bank's MasterCard, which allows purchases in state and some private businesses. Previously, travelers had to rely on cash due to a 10% surcharge on currency exchange. This change is significant as the US embargo restricted financial transactions, including credit card use. Obama's 2014 policy changes allowed US companies to engage in financial transactions with Cuba, facilitating direct banking relations.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What new option will be available to Americans traveling to Cuba starting Wednesday?

Using a US credit card

Traveling without a visa

Purchasing Cuban real estate

Opening a business in Cuba

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank is offering the MasterCard that can be used in Cuba?

Wells Fargo

Stonegate Bank

Chase Bank

Bank of America

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the previous requirement for Americans traveling to Cuba regarding currency?

They had to bring cash

They could use US debit cards

They had to use traveler's checks

They could use any international credit card

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the surcharge imposed on the dollar when exchanged in Cuba?

5%

10%

15%

20%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did President Obama's exemptions in December 2014 allow?

Direct flights from the US to Cuba

Use of US credit and debit cards in Cuba

Import of Cuban cigars to the US

US citizens to buy Cuban property