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Foreign Policies Essay Topics & Paper Examples

United States Economic and Foreign Policies Towards Latin America

United States and Latin America need each other by the virtue of sharing common boundary hence the importance of the economic policies which favor these countries for mutual benefit. Latin America is one of the United State export market, for example in 1992 export exceeded $ 100 billion to this region . According to Fryer 1993, Latin American economic association with United States resulted to negative effect. Latin America eternal debts in 1992 was approximately $330 billion United States lending institution getting the largest amount of monthly servicing of this debt about 2 percent . This resulted to Latin American contributing to deficit in the United State budget hence the importance of better economic and foreign policy for mutual benefit…