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What effect did latin america reliance of trade with the west have on the regions economy

A. Prices of goods were more easily stabilized

B. Prices of goods were subject to fluctuate widely

C. Wealthier Europeans often exploited Latin America

D. Latin America could set high prices for staple items

Question

01-01-2021
Social Studies

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I NEED HELP ASAP ANYONE
IM TIMED HELP HELP
What effect did latin america reliance of trade with the west have on the regions economy

A. Prices of goods were more easily stabilized

B. Prices of goods were subject to fluctuate widely

C. Wealthier Europeans often exploited Latin America

D. Latin America could set high prices for staple items

Sagot :

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Answer:

B. . Prices of goods were subject to fluctuate widely

Explanation:

Due to the reliance, countries in Latin America require the supply of raw materials from another country in order to fulfill a large portion of their economic production.

This means that if the price of the materials changes in another country, it will most likely force the producers in Latin American country to adjust their production expense in order to accommodate the new price.

As a result, The Prices of finished goods in Latin America often fluctuates.

Sagot :

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