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The document summarizes global marketplaces, including Africa and South America. It notes that most African countries were colonized in the late 19th century. Now, countries like Algeria, Angola, and Nigeria export oil, while others export minerals. South Africa is a dominant economic power on the continent. In South America, countries initially pursued import substitution policies but now some like Argentina, Brazil, and Chile have lowered trade barriers and joined free trade agreements. Chile has one of t

Author

rahul8816

Language

EN