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Why was british economic involvement in latin america implemented through informal, rather than formal, imperialism?

Why was british economic involvement in latin america implemented through informal, rather than formal, imperialism?
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why was british economic involvement in latin america implemented through informal, rather than formal, imperialism?

User Warsong
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Answer:

he relatively small Latin American markets did not provide a large market for British merchants and goods

Step-by-step explanation:

User Mona Jalal
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