CLEAN : Iceland's strong krona a curse for tourism fisheries

The video discusses the economic challenges faced by the fishing industry due to quotas and a strong currency, which reduce income. It highlights market issues and authorization delays affecting projects. The video also explains the economic strain on companies, especially exporters, due to the fast pace of currency changes and competition with cheaper imports.

What is one of the main reasons the fishing industry is struggling to maintain income levels?

• Increased competition from other countries

• Quotas limiting the amount of fish caught

• Decreased demand for fish products

• Higher taxes on fishing companies

How does the strong currency affect the income from fishing?

• It has no effect on the income

• It increases the income by boosting exports

• It reduces the income by making exports less competitive

• It stabilizes the income by balancing costs

What is mentioned as a future event related to plastic?

• A ban on plastic bags

• A conference on plastic pollution

• An authorization happening on Saturday

• A new recycling initiative

What is a challenge faced by Icelandic export companies due to the strong currency?

• Difficulty in competing with cheaper imports

• Lack of skilled labor

• Decreased international demand

• Increased production costs

What is a consequence of the rapid economic changes mentioned?

• Export companies are thriving due to increased demand

• Companies struggle to keep up with the pace of the currency changes

• Companies are easily adapting to new market conditions

• There is a significant decrease in import activities