The main effects of globalisation on the economic, social and political developments in Latin America

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Focusing on Latin America, the essay examines how globalization influences economic, social, and political development. It highlights key economic effects such as trade's impact on GDP and the Balance of Payments, alongside investment opportunities in South America. Additionally, it addresses social issues like poverty and crime, as well as the political implications concerning working conditions and regulations. The analysis provides a comprehensive view of the multifaceted effects of globalization in the region.