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Foreign companies significantly impacted Latin American countries by driving economic growth and investment but often at the cost of local industries and labor rights. They brought in capital, technology, and expertise, which helped develop infrastructure and create jobs. However, many foreign firms prioritized profit over social and environmental concerns, leading to exploitation of resources and labor. This dynamic sometimes resulted in social unrest and heightened inequality, as local communities grappled with the consequences of foreign influence.

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How did the Smooth Hawley Tariff affect the American economy?

The tariff hurt trade with other countries.


How did Smoot-Hawley Tariff affect the American economy?

The tariff hurt trade with other countries.


How did Smoot Hawley tariff affect the American economy?

The tariff hurt trade with other countries.


What is the affect that globalization has had on the majority of the worlds underdeveloped countries?

Globalization has brought even more widespread squalor and exploitation of underdeveloped countries. Now, instead of a local person oppressing, it is a faceless foreign corporation or government, which you can do nothing about.


How does the interest rate that banks charge affect the value of the American Dollar?

The interest rate determines how much foreign countries want to invest in the American dollar. If the interest rate is high, foreign firms will want to invest more in America because a high interest rate means a higher rate of return for investment in America. If the interest rate is low, foreign firms will not want to invest in America because their rate of return will be lower. If foreign firms will want to invest more in America it will need to convert its money into the dollar, thus the demand for dollars will increase. By increasing the demand for the dollar it will appreciate and grow stronger relative to other currencies, making it more expensive to buy. By making the dollar stronger imports will increase and exports will decrease. This is because the American dollar will buy more and therefore it will be cheaper for the American people to buy foreign currency or goods. It will decrease exports because it will be more expensive for holders of foreign currency to buy American goods.

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Stalin's goals completely contridicted the five goals of the American foreign policy.


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It left many African countries dependent on foreign aid for survival. [APEX]


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