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History, 27.07.2019 08:00 Rodny1047

Why was an increase in domestic manufacturing a good response to global economic depression for latin america? exports of raw goods became a focus of industrialized nations, leaving latin america behind. a reduction in tariffs made exporting manufactured goods an economic solution for latin america. manufacturing domestically was a substitute for overpriced imports from industrialized nations. imported goods were devalued by the economic downturn, making it a better choice for latin america.

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