WORLD WAR II
DECOLONIZATION PHASE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The United States is a major trading partner of Latin American countries.
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American industries are subsidiaries of Latin American companies.
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The United States supplies natural resources to Latin American countries.
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Most U.S. energy companies are based in Latin America.
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Detailed explanation-1: -Trade is critical to America’s prosperity-fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services.
Detailed explanation-2: -Foreign capital investment, construction of infrastructure, such as railroads, growth in the labor sector with immigration from abroad, strengthening of institutions, and expansion of education aided industrial growth and economic expansion.
Detailed explanation-3: -America is the biggest market in the entire world. Even Chinese companies plan to grow their economy by selling to American consumers. Hence, a period of boom in America translates to a period of boom all across the globe. This is because when American consumers start buying, companies all over the world start selling.