Assignment: Venezuela and the case for Economic Freedom

Your assignment is to read the case (Attached), provide an overview of the case, and answer the three questions:

1. President Chavez held office for 14 years, despite all of the shortages in Venezuela's economy. How do you explain this?

2. Many Venezuelans still proclaim themselves to be "Chavistas." How do you account or explain this phenomenon?

3. Can Venezuela afford to maintain its Petrocaribe program of subsidized oil exports?

References: Anytime you refer to ideas that are not your own, you MUST refer to the source both in-text and in the reference page at the end of your essay. Use APA referencing style when you write up your paper. Ensure that your paper contains a page for references.

Specifics:

• Provide an overview of the case, and then answer in full sentences the three questions.

• A mastery of course material and concepts to date, to be demonstrated within your paper.

• create a professional document.

• Proper APA 6thEdition referencing is essential. Be absolutely certain to include a properly formatted list of references and accurate in-text citations.

• Correct spelling, grammar, punctuation, flow of thought, clarity of ideas and creativity

• Your paper should be between 650 - 800 words, plus title page and reference page, 12 size font, 1.5 line spacing and normal margins.