RUTA PANTERA
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Question (En)
How has globalization affected trade practices and the economy of the area?
Answer (En)
Globalization has had a significant impact on Montevideo trade and economy, especially through its role as a regional financial center and trade hub. The city***s port facilitates international trade, and Uruguay***s open market policies have attracted foreign investments. Globalization has also fostered growth in the tech sector, with Montevideo becoming a hub for software development. However, this increased global integration has also exposed the local economy to global economic fluctuations, requiring careful management of trade practices and economic policies.
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