Ask Question
16 May, 17:33

By devaluating the by devaluating the bolivar, the president of venezuela hasbolivar, the president of venezuela has

+5
Answers (1)
  1. 16 May, 18:27
    0
    Since there are no options, i can only offer some insight:

    By devaluating the bolivar, the president of Venezuela has ...

    1) he has brought the official value of Bolivar closer to the actual value - before this the black market value was a lot lower than the actual value

    2) as a result, he might have actually made the Bolivar more valuable, because before the difference between the official and black market value made people avoid using the Bolivar and exchange the goods using dolars rather than bolivars
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “By devaluating the by devaluating the bolivar, the president of venezuela hasbolivar, the president of venezuela has ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers