Appeasement DA 2 - Michigan7 2013

Butthenvenezuelareactedangrilytoastatementby

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ties affect commercial relations between countries in conflict?¶ One would expect trade levels between the US and Venezuela to have diminished in recent years considering the fiery anti­imperialist rhetoric Chavez employed as president. U.S. Census data shows that bilateral trade levels have continued to increase since Chavez first took office in 1999. The annual total of American exports to Venezuela more than doubled from 1998 to 2012, while imports have quadrupled during that time frame to $38 billion. The United States has been a critical market for Venezuelan goods, as exports to the US accounted for over 39% of the country’s total exports in 2012. This has not been dispelled by the fact that these two countries mutually expelled their respective ambassadors in 2008. Domestic and foreign investors are guaranteed the same legal protections under ¶ the current Venezuelan constitution. The same article of protection also states that exceptions are APPEASEMENT DISADVANTAGE 7-WEEK JUNIORS MICHIGAN 2013 CFJPV made for “strategic interests”, including oil and othe...
View Full Document

Ask a homework question - tutors are online