VOICED : Caracas rebajas forzadas estante vacio

The video discusses the economic situation in Caracas, Venezuela, where long queues form outside stores due to government-mandated price cuts to combat inflation. These reductions have led to product shortages as items are quickly bought up. Merchants face difficulties restocking due to currency control issues, forcing some to turn to the black market where the dollar is significantly overvalued. As the holiday season approaches, many consumers find themselves unable to purchase desired goods, highlighting the broader economic challenges faced by the country.

What was the main reason for the long queues in Caracas?

• Price reductions decreed by the government

• A popular concert event

• A new shopping mall opening

• A national holiday celebration

What happened to the discounted products in stores?

• They disappeared from the shelves

• They were returned to the manufacturers

• They were restocked quickly

• They were sold at higher prices

Why are merchants worried about restocking their products?

• High import taxes

• Lack of customer interest

• Excessive competition

• Inability to obtain foreign currency

How does the currency control affect the import of goods?

• It has no effect on imports

• It forces reliance on the black market

• It facilitates easy importation

• It makes imports cheaper

What challenge do consumers face during the holiday season?

• Increased travel restrictions

• Excessive holiday sales

• Lack of holiday decorations

• Returning home empty-handed