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Chile resuscitated the copper industry. Brazil and Colombia produced coffee. Cuba produced coffee, sugar and tobacco. Mexico exported a variety of raw material goods, such as henequin (a fibre used for making rope), sugar, copper and zinc. Central America exported coffee and bananas. Peru produced sugar and silver.
Latin America began the import of manufactured goods especially from Europe. They bought textiles, machines, luxury items in relatively large quantity.
Between 1870 to 1913 Britain increased their investment in Latin America ninefold. British investors owned approx. 2/3 of the total foreign investment in Latin America...
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