Latin American Economic System

The Latin American and the Caribbean Economic System, officially known as Sistema Económico Latinoamericano y del Caribe (SELA), is an organization founded in 1975 to promote economic cooperation and social development between Latin American and the Caribbean countries. ^[1]

7 relations: Caracas, Caribbean, Economy, General Agreement on Tariffs and Trade, Latin America, Latin American Integration Association, World Trade Organization.

Caracas

Caracas, officially Santiago de León de Caracas, is the capital and centre of the Greater Caracas Area, and the largest city of Venezuela.

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Caribbean

The Caribbean is a region that consists of the Caribbean Sea, its islands (some surrounded by the Caribbean Sea and some bordering both the Caribbean Sea and the North Atlantic Ocean) and the surrounding coasts.

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Economy

An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.

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General Agreement on Tariffs and Trade

General Agreement on Tariffs and Trade (GATT) was a legal agreement between many countries, whose overall purpose was to promote international trade by reducing or eliminating trade barriers such as tariffs or quotas.

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Latin America

Latin America is a group of countries and dependencies in the Western Hemisphere where Spanish, French and Portuguese are spoken; it is broader than the terms Ibero-America or Hispanic America.

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Latin American Integration Association

The Latin American Integration Association / Asociación Latinoamericana de Integración / Associação Latino-Americana de Integração (LAIA / ALADI) is an international and regional scope organization.

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World Trade Organization

The World Trade Organization (WTO) is an intergovernmental organization that regulates international trade.

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Redirects here:

Sistema Económico Latinoamericano.

References

[1] https://en.wikipedia.org/wiki/Latin_American_Economic_System

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