CLEAN : Iceland's strong krona a curse for tourism fisheries

CLEAN : Iceland's strong krona a curse for tourism fisheries

Assessment

Interactive Video

Other

10th Grade - University

Hard

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The video discusses the economic challenges faced by the fishing industry due to quotas and a strong currency, which reduce income. It highlights market issues and authorization delays affecting projects. The video also explains the economic strain on companies, especially exporters, due to the fast pace of currency changes and competition with cheaper imports.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What difficulties do companies face in keeping up with the pace of the kroner?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do import companies affect the competition for export companies in Iceland?

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