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The economy of Spain is a highly developed social market economy. [29] It is the world's 15th largest by nominal GDP and the sixth-largest in Europe. Spain is a member of the European Union and the eurozone, as well as the Organization for Economic Co-operation and Development and the World Trade Organization.
The region known as Hispanic America ( Spanish: Hispanoamérica or América Hispana) and historically as Spanish America ( América Española) is all the Spanish-speaking countries of the Americas. [1] [2] In all of these countries, Spanish is the main language - sometimes sharing official status with one or more indigenous languages (such as ...
The United Nations Economic Commission for Latin America and the Caribbean, known as ECLAC, UNECLAC or in Spanish and Portuguese CEPAL, is a United Nations regional commission to encourage economic cooperation. ECLAC includes 46 member States (20 in Latin America, 13 in the Caribbean and 13 from outside the region), and 14 associate members ...
Latin America often refers to the regions in the Americas in which Romance languages are the main languages and the culture and Empires of its peoples have had significant historical, ethnic, linguistic, and cultural impact. It is "commonly used to describe South America (with the exception of Suriname, Guyana and the Falkland islands ), plus ...
NAFTA GDP – 2012: IMF – World Economic Outlook Databases (October 2013) The North American Free Trade Agreement (NAFTA / ˈ n æ f t ə / NAF-tə; Spanish: Tratado de Libre Comercio de América del Norte, TLCAN; French: Accord de libre-échange nord-américain, ALÉNA) was an agreement signed by Canada, Mexico, and the United States that created a trilateral trade bloc in North America.
Given the United States' proximity to other Spanish-speaking countries, Spanish is being passed on to future American generations. Amongst second-generation Hispanics, 80% speak fluent Spanish, and amongst third-generation Hispanics, 40% speak fluent Spanish. Spanish is also the most popular language taught in the United States.
With almost 60 million native speakers and second language speakers, the United States now has the second-largest Spanish-speaking population in the world after Mexico. Spanish is increasingly used alongside English nationwide in business and politics. Media in Spanish has also become influential outside of native Hispanophone circles.
The Pacific coast of the country was colonized by Spain and has a similar culture to other Spanish-speaking Latin American countries. The Caribbean coast of the country, on the other hand, was once a British protectorate. English is still predominant in this region and spoken domestically along with Spanish and indigenous languages.