Show how the United States balance of payments accounts areaffected wh...

Show how the United Statesâ€™ balance of payments accounts are affected when a Bolivian citizen borrows...

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Economics

Show how the United Statesâ€™ balance of payments accounts areaffected when a Bolivian citizen borrows two million from U.S.banks to buy American farming equipment.

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America as an area has many states with different economic levels Latin Americas economy is an exportbased economy that includes countries in the geographical regions of North America Central America South America and the Caribbean A socioeconomic model of the socalled Latin America was placed in the colonial period when the area was ruled by the Spanish and Portuguese empires Until independence in the early 19th century the colonial economy in Latin America See Answer

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