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In Latin America, who trade what and why?

In Latin America, who trade what and why?

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Answer #1

Major resources of Latin America are :-

1. Agriculture resources

2. Copper

3. Iron

4. Petroleum

Argentina - Beef, wine

Bolivia. - tin, gold, jewelry.

Brazil. Iron ore, soybeans.

Chile - fishing, agricultural products

Colombia.- petroleum, coffee, coal.

Latin America exports these things to above mention(few) countries.

While it imports chemicals, paper products, consumer goods from majorly US

They trade so because one exports what it has and imports what is doesn't and can get it for lower prices

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