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GEO 373 CMU Exam 6 Questions And Answers Well Detailed 100% Explained. $12.99
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GEO 373 CMU Exam 6 Questions And Answers Well Detailed 100% Explained.

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  • CMY
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  • CMY

Four Areas of Economic Growth - correct answer 1. The era after independence from 1810 to ca. 1870 2. The era of initial globalization and exports from the 1870s until the Great Depression 3. The era of state control from WWII until the 1990s 4. The era of p...

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  • March 9, 2025
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GEO 373 CMU Exam 6

Four Areas of Economic Growth - correct answer 1. The era after independence from
1810 to ca. 1870

2. The era of initial globalization and exports from the 1870s until the Great Depression

3. The era of state control from WWII until the 1990s

4. The era of privatization at the present period.



Agricultural base degradation(roots of poverty in Latin America/subsistence farmers problems/Amazon
concerns/percent of land in agriculture) - correct answer Latin America has seen
degradation in the areas of soils, forests, desertification, salinization of soils, contamination of ground
and surface fresh water, erosion, and biodiversity. The areas of most concern are in tropical and
mountainous regions in Mexico, Brazil, Central America, the Caribbean, and the Andean Cordillera. In
the Amazon, poor soils and erosion are major concerns. Climate change has become a major concern
within the agriculture sector in Latin America. Latin America's agricultural land represents 37.7% of land
area in Latin America and Caribbean and about 1.7 million ha of land (8.7% of the total land area) is
under cultivation.



FTAs (free trade agreements), CUs (customs unions) and CMs (Common Markets) - correct answer
Agreements between member countries to remove duties and trade barriers on products traded among
them.



Three policy shifts-(Nationalization of companies, expanded intraregional & global international trade,
and reducing inflation & debt) - correct answer (1)Nationalization of companies is no
longer the ultimate goal and many government-owned businesses have been privatized to sell off
unprofitable companies and attack debt crisis. (2)Many countries have liberalized their trade policies
and entered an era of expanded intraregional and global international trade. (3)Latin American
countries have moved to stabilize their economies by reducing inflation and debt.



Mercosur or Southern Common Market - correct answer (1991 by Treaty of
Asuncion) consists of Argentina, Brazil, Paraguay, Uruguay, and Venezuela and is a trade bloc designed
to lower tariffs and increase democracy and create more standardized trade policies.

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