Which of the following is the definition of free trade/capitalism? * 1. control is mostly in the hands of the trader
2.the exchange of goods and services between nations across international borders.
3.an economic system in which prices are determined by the free exchange of goods and services with minimum government interference.
4. a system of government controlled trade

Why would nations in latin america be part of a mostly arab cartel group known as opec? a) latin america refused to do business with countries that were not part of opec. eliminate b) natural resources such as oil are a major economic development for some latin american countries. c) latin america has a long history of distrust of the united states and fears a take-over of oil fields. d) latin american nations such as venezuela needed in getting natural resources to other parts of the world. 15