RUTA PANTERA
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Question (En)
How has globalization affected trade practices and the economy of the area?
Answer (En)
Globalization has brought both opportunities and challenges to Isla Margarita. The influx of international tourists has boosted the local economy, particularly in the hospitality and retail sectors. However, increased competition from other Caribbean destinations has put pressure on maintaining high standards and unique offerings. Global trade networks have also influenced the availability of goods on the island, although economic fluctuations and international relations continue to impact trade practices, making the economy vulnerable to global trends.
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