Currently, which south american country is facing hyper inflation and shortage of food problem?
Correct answer: C. Venezuela
- A. Paraguay
- B. Colombia
- C. Venezuela
- D. Uruguay
Explanation
Venezuela was facing extreme hyperinflation, shortages of food and medicine, and a severe economic crisis. Colombia, Paraguay and Uruguay were not experiencing a comparable hyperinflation crisis.
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Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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