In recent times, Latin American countries have tried to improve their economies by forming these.
Need help
Are these your choices?
new companies.
monopolies.
trade organizations.
new banks.
What is your answer?
First i thought it was new companies and now i have second thought i think it is now trade organizations what do you think
I agree with trade organizations.
well then that can be the answer thxs
You're welcome.
It seems that you're asking about a particular type of economic cooperation or integration that Latin American countries have been pursuing. To find the answer, we can start by conducting a search online using relevant keywords such as "Latin American countries economic integration" or "economic cooperation in Latin America."
By doing this search, you will find that Latin American countries have taken various steps to improve their economies by forming regional economic blocs or organizations. The most prominent ones include:
1. Mercosur (Southern Common Market): Mercosur is a regional bloc consisting of Brazil, Argentina, Paraguay, and Uruguay, with Venezuela as a suspended member. It aims to promote free trade, economic cooperation, and the free movement of goods, services, and people between member countries.
2. Pacific Alliance: The Pacific Alliance is a bloc that comprises Chile, Colombia, Mexico, and Peru. It focuses on promoting trade, investment, and economic integration among member countries, with a particular emphasis on Asia-Pacific integration.
3. Central American Integration System (SICA): SICA is an integration mechanism that includes Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. It aims to foster economic integration, cooperation, and development among Central American countries.
4. Andean Community: The Andean Community, also known as the Andean Pact, consists of Bolivia, Colombia, Ecuador, and Peru. Its primary goal is to foster economic integration, trade liberalization, and sectoral cooperation.
These economic integration initiatives aim to boost trade, attract investment, foster regional cooperation, and ultimately improve the economies of the participating countries.