Much of South America's economy is based on agriculture true or false

True

Explanation:

Beans, Corn, Rice, Sugar, Grain, etc, thrive in South America. Due to its tropical climate a lot of South American countries economies depend on their agricultural yields. Most of their buyers include countries like US, Canada France, Britain, Spain, etc.

states began imposing duties on each other's goods. congress had no way to raise money for an army to expel them.