Sample Essay on:
Peru's Economic Condition and Trading Relationship with the United States

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Essay / Research Paper Abstract

This 3 page paper looks at the trading relationship between Peru and the U.S. Peru's general status, and its history, is also explored. Bibliography lists 4 sources.

Page Count:

3 pages (~225 words per page)

File: RT13_SA347Pu.rtf

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Unformatted sample text from the term paper:

Peruvian independence had been gained eventually in 1821 ("Peru," 2003). The remaining Spanish forces had been defeated in 1824 and after about twelve years of rule by the military, Peru did return to democratic leadership (2003). That was in 1980 (2003). However, Peru had run up against a myriad of economic problems as well as "the growth of a violent insurgency" (2003). The election of President Alberto Fujimori brought in a period that would see "a dramatic turnaround" in respect to the economy (2003). There would however be a "slump" during the latter part of the 1990s and this created a great deal of dissatisfaction with the regime (2003). Elections in 2001 would welcome Alejandro Toledo as the new head of the Peruvian government (2003). Peru, like any other independent state makes a great deal of money from trading. Its major trading partner is the United States, which is currently the leading world power. Although the United States and Peru have a trading relationship, it is somewhat strained. There are problems with drug trading in Peru and for this, western countries are not happy. Still, Peru is a nation that looks forward to the future and sees it as lucrative in terms of doing global business. It has been noted that Peru wants to conclude free trade agreements (FTAs) with both the EU and the United States during 2004 ("Peruvian," 2003). The Peruvian president claims that Chirac and Aznar both support Peru in its attempt to secure the FTAs but no real negotiations have begun (2003). Peru happens to be a developing nation that had opposed rich nations during WTO talks (2003). Schott (2003) explains that more countries now have the ability to divert negotiating energies into ...

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