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Cities in Colombia have the option to designate "tolerance zones" where prostitution is legal. How would Colombia's GDP be affected if prostitution were made illegal?
$400 Billion
A monetary value representing four hundred billion dollars, often mentioned in the context of budgets, market values, or economic policies.
Subprime Mortgages
Subprime Mortgages are loans offered to individuals with poor credit histories, posing higher risks of default but charging higher interest rates for lenders.
Accounting Scandal
An accounting scandal involves the deliberate manipulation of financial statements to create a false or misleading appearance of a company’s financial health, often to deceive investors and regulators.
Parmalat
An Italian dairy and food corporation that became famous for a massive corporate fraud and bankruptcy scandal in 2003.
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