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According to Quartz (4/19/24)Links to an external site.: Chocolate factories across the globe are shutting their doors thanks to diminishing supplies of cocoa beans. Now
According to Quartz (4/19/24)Links to an external site.: Chocolate factories across the globe are shutting their doors thanks to diminishing supplies of cocoa beans. Now cocoa prices have skyrocketed since last year, doubling the previous high from the 1970s. The majority of the world's cocoa comes from Ghana and Cte d'Ivoire, areas that have been recently plagued by climate anomalies. Given the rapid increase in the price of cocoa beans, theoretically, what are Ghana and Cte d'Ivoire at risk of experiencing? Group of answer choices decreased rent-seeking devaluation deflation Dutch Disease
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