Which statement least accurately describes the issues that South America faces regarding trade?
(1 point)
Responses
much of South America's trading involves outside countries
frequent trading exists amongst South American countries
coffee is a heavily demanded item that other countries seek from South America
great concern exists because of the lack of intracontinental trade
The statement that least accurately describes the issues that South America faces regarding trade is:
"frequent trading exists amongst South American countries"
This statement is less accurate because one of the issues South America faces is the relatively low level of intracontinental trade compared to its trade with external countries. While there is some trade between South American countries, it is not as significant as it could be, and the region has been working on various initiatives to improve the integration of their economies. The lack of extensive intracontinental trade networks and regional integration compared to other areas like the European Union or North America is considered a challenge for South American economies.
The other statements more accurately reflect issues or situations regarding South America's trade. The continent does engage in significant trade with outside countries, coffee is indeed a heavily demanded export, and there are concerns about the need to increase intracontinental trade.