Why Do We Call South America "Latin America

question 18

Multiple Choice

Why do we call South America "Latin America"?

• A) They are very good at salsa dancing.
• B) These countries speak Latin.
• C) It is a holdover from European conquest of this continent.
• D) It acknowledges the indigenous people who live there.

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Definitions:

Imports

Goods and services that are brought into one country from another for sale.

Net Exports

The difference between a country's total exports of goods and services and its total imports, reflecting the trade balance.

U.S. Consumption

This term refers to the total value of all goods and services consumed within the United States over a specific time period.

Government Purchases

Expenditures by the government on goods and services that directly consume resources or are used in the production of public services.