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The countries of Latin America on many indicators of economic and social development advance the freed countries of Asia and Africa. It is connected first of all by that they before other states of the developing world took a way of capitalist development.

Like other developing regions of the world, Latin America holds the subordinated position and the international territorial division of labor, acting also roles of the supplier of many scarce types of raw materials for industrialized countries.

Foreign economic relations have huge value for the latinoamarikansky countries. Through foreign trade of the country of the region receive considerable part of the industrial equipment, vehicles, razichny devices.