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They actually do: most Latin American countries export Natural Resources, such as crude petroleum, wheat, corn, beef, iron, bauxite, silver and gold. It is just that many of them reserve to themselves the right to extract such resources. A good example is Mexico, which has its own state-owned oil company, Pemex; everything else is mined, cultivated or processed through private companies, which in many cases are foreign-owned. Some examples include Dowa Mining, Arcus Development and Abot Mining, which are gold mining companies -- currently operating in Mexico -- coming from Japan, Canada and the United States, respectively.
What else can I help you with?
What countries in Latin America not border in ocean?
Bolivia and Paraguay are the two landlocked countries in Latin America that do not have a coastline or border with an ocean. They are surrounded by other countries in South America.
Why is Brazil's development unique when compared to most other Latin American countries?
Brazil's large size, natural resources, and diverse population contribute to its unique development compared to other Latin American countries. Its historical path of gradual economic growth and political stability has allowed for the implementation of social welfare programs and infrastructure projects, setting it apart from other countries in the region that have struggled with economic turmoil and political instability.
Why latin America was so important to Spain?
It contained a lot of valuable resources like gold/silver and herbs which could be seld for a high price to other European countries.
Which country is located in the region known as Latin America?
Mexico is located in the region known as Latin America.
What were two reasons Westerners were interested in Latin America?
Gold and other natural resources.
Is Cuba Latin America?
Yes, Cuba is considered a part of Latin America. It is located in the Caribbean region and shares many cultural, historical, and linguistic ties with other countries in Latin America.
What country colonized most of Latin America?
The countries of the Middle East were colonies of a number of countries. The most were colonies of Britain, however, there were some other colonies of Portugal, Russia, the Netherlands, and France.
Which countries in Latin America are developed country?
Countries in Latin America that are considered developed countries include Argentina, Chile, and Uruguay. These countries generally have higher GDP per capita, advanced infrastructure, and more developed social welfare systems compared to other countries in the region.
Is Latin America a state?
No, geographic region between Mexico and South America consisting of many small countries.
What encouraged Latin American to fight for their freedom after 1790?
They wanted their freedom and the countries Venezuela, Ecuador , and other South America
How was the effect of imperialism on Latin America to its effect on China?
Latin America was commercially dominated by the united states. Similarly, China's economy was controlled by Japan and other countries. (APEX)
What are the names of Latin countries that play Football?
All Latin countries have an international team from Brazil, Uraguay Argentina Chilie Paraguay. They play in the Copa America where the latin or south American countries play each other in a group and knockout round.
