The American Red Cross welcomes PresidentDonald Trump
The answer is that adjusting to the end of the commodity boom, which benefited South America particularly, has taken longer than expected. Between 2003 and 2010 China’s industrialisation boosted demand for minerals, oil and foodstuffs. Commodity prices fell steadily between 2010 and 2015. As export revenue shrank, the region’s currencies weakened, curbing imports and pushing up inflation.
Latin America also faces a fiscal squeeze. The commodity boom temporarily boosted tax revenues. Too many governments spent, rather than invested or saved, this windfall. The primary fiscal deficit (ie, before interest payments) in the region as a whole increased from 0.2% of GDP in 2013 to 2.6% last year. In other words, public debt is rising. Many governments have started to retrench. Few are in a position to prime the pump of recovery.
<span>Economic growth, peaks, economic downturns, and troughs are part of the economic cycle.</span>
The economic cycle is the expansion or growth and contraction or recession<span>
of the economy. This is a natural fluctuation of economy. There are factors that determine the current economic cycle of a country. This includes: GDP, i</span><span>nterest rates, levels of employment and consumer spending.</span>
The answers is: D. Emigration means when people leave and no longer in a country. This also means that it's an act of a person leaving his or her resident country and has the intention to live to another nation or country.