China
The amount of trade China has with Latin America.
What is $510 billion? (+/- 50 billion acceptable)
This country makes up nearly half of Latin American GDP.
What is Brazil?
These three countries suffer the most from the resource curse. (100 points per country)
What are Venezuela, Ecuador, and Bolivia?
A country CELAC loves for some reason.
China yayyy
A tax on imported goods.
What is a tariff?
The economic program China uses to gain soft power in underdeveloped countries, similar to USAID.
What is the Belt and Road Initiative?
Why did Latin America's economy not experience significant growth until the 2000s?
Protectionist policies
This country provides 51% of the US's total copper.
What is Chile?
The international organization that includes the US, Canada, and all of Latin America.
What is OAS (Organization of American States)?
South America's largest trading partner
What is China?
The event that allowed China open their markets and increase their trade with Latin America 31% per year for 8 years.
What is China joining the WTO?
This economic theory that Latin America operated off of in the 1900s significantly slowed the growth of their economies.
What is Import Substitution Industrialization?
The colloquial name for said three countries with large lithium deposits.
What is the Lithium Triangle?
The NATO-like alliance that requires all signers to come to the common defense of any American country.
What is the Rio Pact?
A economic mechanism by which a country can punish corporations, individuals, and countries it opposes by prohibiting transactions with said entity.
What is a sanction?
The economic theory that suggests that countries with lots of natural resources will experience slower economic growth.
What is the Resource Curse?
These three countries make up the majority of the worlds lithium deposits.
What are Chile, Argentina, and Bolivia?
The name of the organization all the Latin American countries are part of that was formed to oppose US and Canadian influence.
What is the Community of Latin American and Caribbean States?/What is CELAC?
A treaty that allows trade to flow more easily between the signing countries.
What is an FTA (Free Trade Agreement)?