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Theme 3 : Geographical Issues on a Continental Scale. North and South America. The Americas: fractures, competition & integration – The American Continent between tensions and regional integration. The Americas: Power of the North and Assertion of the South. I. A Cultural Mosaic.
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Theme 3 : Geographical Issues on a Continental Scale North and South America
The Americas: fractures, competition & integration – The American Continent between tensions and regional integration
Key question: • To what extent does the American continent portray a model of unequal development?
A. North America: Major Pole of the Triad • US and Canada are the two major powers of North America • Trade between the 2 nations has doubled since the creation of NAFTA • Competition remains strong • Heavy industry, automobile, lumber • Canadian economy very dependent on US market
2. US economy the most powerful and most diversified in the world • On continental scale, embody an attractive model of a superpower giant • Top investors in the continent, esp Canada & Mexico
3. Canada: rich in natural resources and major exporter of raw materials • SE Canada contains major metropolises (Toronto & Montreal) • Its extensive integration in the US contributed to the emergence of a vast cross-border region Main Street • Canada’s Huge Heartland • agricultural • mining (iron, copper, nickel) • Energy (hydroelectricity, petroleum)
B. Integration of emerging countries in globalization • Brazil stands out as the regional power of South America • 1st country in FDI on the subcontinent, acts as a counterweight to US domination • Marked by major social inequalities
2. Mexico, Argentina and Chili sometimes referred to as “Jaguars” • Mexico • 1st foreign investor 2nd recipient of FDI in Latin America • Proximity of US • asset (exports) & drawback (dependence) • Role model of insertion in the world economy • Chile (Copper, fruit) & Argentina (Wheat, soy bean) • Major exporters of raw materials and agricultural foodstuffs
3. Venezuela, Columbia & Perudependent on exporting raw materials • Venezuela • 7th world petroleum exporter • Holds largest oil reserves on the planet • Peru • GDP tripled from 2000 to 2010 • Columbia • Exports coffee and coal
GDP of Countries in North and South America Source: IMF 2010