How has the export of primary products (food, fiber, and energy) shaped the economies of Latin America?
What will be an ideal response?
Historically, dating to the colonial period, Latin American economies have been dominated by the export of primary products. Following independence, neocolonial relations between Latin American governments and both the United States and European states continued this pattern. More recently, through the establishment of trade blocs such as NAFTA, the importance of
export-led industries in the primary sector continues to be emphasized. Such a dependency on the export of primary products maintains Latin America in a particularly vulnerable position vis- à-vis the fluctuations of the global economy.
You might also like to view...
Explain how the vector data model differs from the raster data model in representing spatial features.
What will be an ideal response?
Automobiles are an example of ________ air pollution sources
Fill in the blank(s) with correct word
Paleoseismology studies the past record of earthquakes.
Answer the following statement true (T) or false (F)
What have climate scientists proposed to OPEC?
A) carbon market B) developing alternative sources C) fixed global price D) production quota E) cap and trade