Party in the Pampas? Some economists have suggested that rapid growth in developing countries like China will dramatically raise demand for the agricultural and commodity exports of primary-resource-abundant countries like Argentina. This would generate an increase in Argentina’s terms of trade – that is,

If we go back in time approximately 15 years (mid 2000s), the price of soybean and its derivatives skyrocketed. This led to a rapid growth of certain economies, or certain economic sectors. Argentina's economy grew a lot since the price of it main exports doubled in 1 year. The same happened to Brazil and the American mid-west. Imagine if Apple was able to double the price of the iPhone and sold the same number of units.

Argentina's trade balance changed from a deficit (more imports than exports) to a surplus (more exports than imports). Even if the total quantity of goods remained the same, the value of the goods exported increased. This allowed the Argentinean economy to grow, at least temporarily.

When you analyze Argentina you must remember that it is a unique country. It was once the richest country in the world, with the highest GDP per capita, but it is now a poor nation. Many blame politicians for this economic catastrophe, but the same party has ruled the country for more than 70 years, and Argentineans keep voting for them. It is the only rich country that turned poor.

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

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