KPDS 2001-2 Soru=97

According to the passage, the continent of South America -----.

The continent of South America looks as if it managed to
escape the attentions of the British Empire. However, this was
more because the British didn't need to exert formal control
over the countries and peoples of this continent. The Monroe
doctrine imposed by America, served British interests quite
well enough. The doctrine made it clear that the United States
would not tolerate foreign meddling in the Americas. This
policy meant that Britain could get all the benefits of trade and
investment in South America with very little of the
administrative costs. In addition, it could be reasonably safe in
the knowledge that other European states wouldn't be able to
steal the markets through annexation. Britain had very strong
commercial links with South America, especially with
Argentina. In many ways, the influence and power that Britain
could hold over the policies of the individual South American
states meant that they could almost be termed as being part of
Britain's informal empire. The islands in the region that were
formally annexed were done so mostly out of strategic naval
considerations.