Which Latam Countries have become more open to trade

Post available in: English

The article discusses the evolution of trade openness in Latin American countries over the past 60 years, highlighting the growth and diversification of some economies while cautioning against the potential adverse effects of increased dependence on trade.

Key takeaways:
1. Trade openness, measured as the percentage of GDP made up by a country’s total two-way trade, has grown significantly in many Latin American countries since 1960, with Mexico leading the way with a 300% increase.
2. A drop in trade openness is not necessarily bad, as some countries like Panama and the Dominican Republic have successfully diversified their economies.
3. Increased dependence on trade can negatively affect the domestic industry and make countries more vulnerable to price shocks and international crises.

Counter arguments:
1. The article acknowledges that increased trade openness can negatively affect the domestic industry but does not delve into potential solutions or ways to mitigate these effects.
2. The article focuses primarily on trade openness’s economic benefits and drawbacks without exploring potential social or environmental impacts.

Source: Latinometrics


Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, providing expert advice on property acquisition and investment tours.

The Gateway Team – When You are Serious About Property

www.gatewaytosouthamerica.com

(Visited 39 times, 1 visits today)

About Gateway to South America

Established in 2006, Gateway to South America began as a single office in Buenos Aires. Since then, it has grown into a vibrant regional network, providing professional real estate marketing services to clients in Argentina, Brazil, Chile, Paraguay, Peru, and Uruguay. If you enjoy reading our news site, please share it on your social media!

Want an edge on investing in Latin America? Get our Investment News first: Join 39,400 subscribers without cost to our English, Spanish or Portuguese posts for the latest real estate news in LATAM useful for new and experienced investors. Please note, this subscription is for Investment News only, not properties for sale.

Post available in: English

0 POST COMMENT

Make a comment on this post

Your email address will not be published. Required fields are marked *

Real Estate and Investment News from South America
Visit us on LinkedInVisit us on FacebookVisit us on TwitterVisit us on Pinterest