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Because it is below the sea level and there is little or no activity.

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Q: The country of Paraguay has one of the poorest economies of Latin American countries south of the equator What physical and economic factors might help explain why?
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Why is it that most African countries adopt mixed economic system?

all countries have mixed economies


In recent times many Latin American countries have tried o improve their economies by?

1) Forming economic blocs. Some examples include Mercosur (Mercado comun del Sur / Southern Common Market) between Argentina, Venezuela, Uruguay, Paraguay and Brazil, and NAFTA (North American Free Trade Agreement) between Mexico, Canada and the United States.2) Diversifying their economies. Most countries within the region export natural resources, such as soybeans (Brazil), oil (Venezuela) or copper (Chile).


What countries have poor economies?

Congo, Niger, Burundi, and Mozambique are the top four poorest economic countries in the world.


Which of the following countries is not a full member in Mercosur?

Mercosur is an economic and political agreement among 5 South American nations. They include Argentina, Brazil, Paraguay, Uruguay, and Venezuela.


What type of economic system does Paraguay have?

Paraguay has a market economy.


One major economic problem facing most Latin American countries is that?

The economies of Latin American nations is controlled by a small group of landed elite and foreign investors. Many of the profits do not stay in the country and do not lead to the betterment overall.


Why does the IMF require countries to accept economic policy recommendations along with the loans it gives?

The IMF wants to fix the economies of countries that need its help.


Why economic growth is desirable for modern open economies?

Why economic growth is desirable for modern open economies


What advice does the IMF give financially struggling countries?

The IMF encourages such countries to restructure their economies to create better economic conditions and better balance of payment conditions.


Is Uruguay a member of member of organization?

Yes, many, the most important one is MERCOSUR. An economic alliance created by Uruguay, Argentina, Paraguay and Brazil. Also it belongs to UNASUR, an alliance between most of the South American countries.


What is the economics system of most communist countries?

Historically, most Communist countries had planned economies (indicative of communist economic theory), but today, most Communist countries actually have capitalist economies with strong state presence.


What countries have a controlled economy?

If you are talking about countries, then there are lots of countries that have a controlled economic system, such as Venezuela, China, and Russia. Some economies have more government control than other and none are completely government controlled, except N. Korea perhaps.