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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

1. What street took the place of Lombard Street in Latin America?
(a) Wall Street.
(b) Ponce de Leon Street.
(c) Maple Street.
(d) Easy Street.

2. What was Order 289 of 1965 in Brazil?
(a) It was an order which allowed foreign concerns to get loans at 7 or 8% interest.
(b) It was an order to strike on Panama, in protest of the canal.
(c) It was an order demanding the ban of the text.
(d) It was an order demanding foreigners pay up to 50% in interest.

3. What is the Haber process?
(a) A process that economically could fix Brazil.
(b) A process by which Bolivia vowed to uphold.
(c) A process that produces nitrate by fixing nitrogen from the air.
(d) A process by which iron is purified.

4. In Brazil, what was Law 56,570, passed on July 6, 1965?
(a) This law made divorce unlawful.
(b) This law made gauchos legal servants of the state.
(c) This law reserved the petrochemical industry for the state.
(d) This law freed Brazil from all foreign debt.

5. What major company quickened the downfall of Brazilian tape factory Adesite?
(a) TJ Max.
(b) Scotch Tape.
(c) Alcoa.
(d) Mead Johnson Tape.

Short Answer Questions

1. How does Latin America make up for what it loses in price?

2. How much has Caracas, the capital of Venezuela, grown in the last 30 years?

3. Where is the copper in Chile located?

4. What was the first Latin American country to install an oil refinery?

5. Where does Bolivian tin have to go to be smelted?

Short Essay Questions

1. What is protectionism?

2. Why is it ironic that Haiti is the world's chief producer of baseballs?

3. What country holds most of Latin America's loans, and what percentage does this country hold?

4. How does Latin America compensate for the low prices of its exports?

5. Describe the three "heartening" examples Galeano provides about the people's reception of his book.

6. Why is Latin America unable to expand its trade horizon?

7. Why hasn't the industrialization of Latin American benefitted the countries?

8. How does the international market separate buyers?

9. Why did the Argentine financial center move to Buenos Aires?

10. How did Bolivia achieve general amnesty?

(see the answer keys)

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