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This is a tricky question.
The largest intra-regional block would be Mercosur (Common Market of the South) which includes Argentina, Brazil, Paraguay, Uruguay and Venezuela and is worth USD 808.2 billion in terms of trade.
However, the largest block which encompasses a Latin American nation would be NAFTA (North American Free Trade Agreement), which is worth USD 17 trillion; it includes Mexico as well as Canada and the United States, both of which are outside the region. To be fair, trade between Mexico and its two partners is worth USD 536.6 billion
What else can I help you with?
What area list countries that benefit from fair trade?
Part of Asia Europe Africa latin America south America
What is the Latin American Free Trade Area?
What is the Latin American Free Trade Area?
How does voluntary trade benefit buyers and sellers in Latin America and the Caribbean?
Because countries cannot produce everything it needs they specialize in what they can produce most efficiently.
What affect has a NAFTA had on Latin America?
NAFTA, implemented in 1994, significantly impacted Latin America by increasing trade flows, particularly between the U.S., Canada, and Mexico, which led to economic growth in the region. However, it also resulted in job losses in certain sectors, particularly agriculture, as cheaper imports flooded local markets. Additionally, while it stimulated foreign investment, the benefits were uneven, often exacerbating income inequality. Overall, NAFTA reshaped economic dynamics in Latin America, with both positive and negative consequences.
What important trade did the Hudson bay company control?
the important trade was Fur.
What is an important trading partner of Latin America?
Both the United States and China are the most important trading partners for Latin America as a whole. Specific countries would have either the U.S. or China as the first and second most important trade partner.
Does France trade with Latin America?
Yes. France has trade with many countries of Latin America, including Mexico, Colombia, Brazil or Chile.
Why did the US increase trade with latin America?
The U.S. increased trade with Latin America because of mainly Roosevelt's corollary, they decided to help the Dominican Republic escape from dept with the U.K. by trading with the neighboring country.
How did the africans travel to latin America?
Africans were primarily brought to Latin America as slaves through the transatlantic slave trade. They were forcibly transported on ships from Africa to various regions in Latin America to work on plantations and in mines.
What did Latin America trade in the 1800s?
As a place to expand trade and investments.
What is a drug problem in latin America?
The illegal drug trade in Latin America concerns primarily the production and export to the United States and Europe of cocaine, marijuana, and heroin.
What is an example of how Latin America geography is important to the US?
One example is the Panama Canal, a crucial trade route connecting the Atlantic and Pacific Oceans which significantly impacts global trade, including that of the US. Additionally, Latin America's proximity to the US makes it a strategic region for issues such as immigration, drug trafficking, and security cooperation. Geopolitically, stability in Latin America helps ensure a more secure environment for the US.
What canal is located in latin America that speeded up trade?
The Panama Canal qualifies as such.
What area list countries that benefit from fair trade?
Part of Asia Europe Africa latin America south America
NAFTA was designed to help North America compete against free -trade zones of Latin America and Australia?
false =)
Why was America important to the slave trade story?
they were mean to them
How did the great depression in the US affect Latin America?
The Great Depression had a major effect on Latin America. With unemployment high in the US, exports from Latin America were at historic lows.
