Argentina needs to export 3 kilo´s to import one. There is no future with an exchange like that. Where do those high quality and expensive shoes go to?"bigbadwolf" said:If Argentine shoes are off high quality, Argentina still does get flooded with Chinese and Brazilian shoes(I wonder why if Argentine shoes are so good)
High-priced hand-crafted Argentinian shoes may be of high quality but Argentina may not produce -- or want to produce -- mass-manufactured low-cost shoes. It's akin to comparing apples with oranges. Argentina has never been eminent in mass manufacture, and in today's crowded marketplace, it's almost impossible to push in.
Agricultural and lifestock exports -- which at one time used to be the mainstay of the Argentinian economy -- are subject to volume and tariff restrictions from both the EU and the USA. Argentina has never managed to develop something to take their place.
In fairness, it's not only Argentina that's up the creek: innumerable other countries are. The US is in deep trouble and various crises can be seen loomin ominously on the horizon.
Any crisis that hits the US will hit Argentina about twice as hard