#recent_comm#recent_comm#recent_comm
My comments:
Comments
These figures are a little misleading. L.America is having the highest GDP growth decade, probably ever, although mainly due to high commodity prices. Just like Asia is taking market share from Latin America in exports to the U.S. China and India are taking consumption share from the U.S. and driving to a large extend high commodity prices (eg. Oil, etc.) thus growth for L. America. I think you should show the balance of trade of all these countries. However, we can all agree that L.America is declining in exports for finished products, which really drives long-term prosperity.
Posted by: Carlos
9/17/2007 9:30 AM
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