Global crisis doesn't spare cocoa

The video discusses the challenges faced by cocoa producers in Ivory Coast, including rising costs of fertilizers and pesticides, high taxation, and low market prices. Despite being a major exporter, the financial crisis has reduced global demand, making cocoa less profitable. This has led to a shift towards alternative crops like rubber, threatening Ivory Coast's position as the top cocoa producer.

What is one of the main reasons cocoa producers in Ivory Coast are struggling financially?

• Decreased global chocolate consumption

• Increased government subsidies

• Rising costs of fertilizers and pesticides

• High demand for cocoa

Who do the cocoa producers primarily blame for their financial difficulties?

• International buyers

• Local consumers

• Fertilizer companies

• The government

What has remained unchanged over the past 10 to 15 years, affecting cocoa producers?

• The number of cocoa plantations

• The demand for chocolate

• The price of cocoa

• The price of fertilizers

How has the global financial crisis impacted cocoa exports?

• Increased demand for cocoa

• More investment in cocoa plantations

• Higher prices for cocoa

• Reduced orders due to lack of cash

What might happen if cocoa farming continues to be unprofitable in Ivory Coast?

• Cocoa production will increase

• Cocoa prices will rise significantly

• Farmers will switch to rubber plantations

• The government will lower taxes