VOICED : Mas cambios economicos para Venezuela

Venezuela is attempting to adjust its complex economy by partially liberalizing its currency market, allowing exchanges through banks and stock operators. However, the government will maintain control over essential goods like food and medicine. Despite efforts to create a third market driven by supply and demand, experts doubt its effectiveness in resolving the economic crisis. The country's heavy reliance on oil has led to decreased foreign income, resulting in high inflation and product shortages.

What change did the Venezuelan government announce regarding the foreign exchange market?

• Partial liberalization allowing exchanges through banks

• Complete removal of currency controls

• Ban on foreign currency exchanges

• Introduction of a new currency

What is the government's plan for the allocation of foreign currency for essential goods?

• Using a lottery system

• Complete deregulation

• Allowing private companies to manage it

• Maintaining control over allocation

What is the new market approach Venezuela is trying to implement?

• A barter system

• A market determined by supply and demand

• A market with fixed prices

• A government-subsidized market

What percentage of Venezuela's foreign income is dependent on oil?

• 100%

• 96%

• 75%

• 50%

What are the main economic challenges Venezuela is facing due to the drop in oil prices?

• Increased foreign investments

• Stable economy with balanced trade

• High inflation and shortages of basic goods

• Deflation and surplus of goods