Do you think economic dependence particularly on the export

Do you think economic dependence (particularly on the export of commodities) was inevitable? Discuss two countries of Latin America in your answer.

Solution

Consider the case of Mexico, in order to increase the standard of its economy, it has to export the raw materials to other countries and earn as much as possible in order to get the economic development and engage in basic facilities on the whole. If there are developed countries like the United States , though it imports raw materials, it must definitely export products to increase its revenue and maintain the development all in all. By these two examples it can be mentioned that, the economic dependence is indeed inevitable on the whole.

Do you think economic dependence (particularly on the export of commodities) was inevitable? Discuss two countries of Latin America in your answer.SolutionConsi

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