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Latin American trade after Argentina. (The Scoop).

Business Credit

| June 01, 2003 | COPYRIGHT 2003 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The crisis that hit Argentina in 2001 and deepened in 2002 pulled down trade across Latin America in 2002 and 2003. U.S. exports to South American countries fell by 20 percent in 2002, and continue on a downward trend. Economic growth has resumed in Brazil, but the crisis in Venezuela has deepened. Nonperforming loans in Latin countries are estimated at $54 billion. Explore how ...

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Source: HighBeam Research, Latin American trade after Argentina. (The Scoop).

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