Go ask Mr. Vaughn
Brazil
probably Ecuador
It is the second largest economy after Brazil, and roughly represents 25% of the region's GDP.
One-resource economies are dependent on the income of usually one export commodity such as tropical fruit, oil or some other natural resource. In Latin America, such countries include Venezuela (oil), Suriname (aluminum), Dominica (bananas), French Guiana (seafood) and Saint Vincent and the Grenadines (bananas).
There are not many Market Economy countries, but the United States is rumored to be one. :)
yes
Brazil
probably Ecuador
Brazil does (2.1 trillion)
Because they were counted as part of the European economy. At the time, Latin America was a colony of the Spanish, French and Portuguese empires.
They are mostly a farming economy and if the weather is bad it effects the plants.
Brazil is the largest economy in Latin America, in terms of volume (US$2.09 trillion)
European nations practiced a mercantilistic system in latin America
It is the second largest economy after Brazil, and roughly represents 25% of the region's GDP.
Bolivia is the poorest country in Latin America
There are not many Market Economy countries, but the United States is rumored to be one. :)
One-resource economies are dependent on the income of usually one export commodity such as tropical fruit, oil or some other natural resource. In Latin America, such countries include Venezuela (oil), Suriname (aluminum), Dominica (bananas), French Guiana (seafood) and Saint Vincent and the Grenadines (bananas).