This course presents a balanced analysis of the economic, social, and political events in the past years that have shaped the business and investment climate in Spain and Latin America. The goal is to increase student awareness of and familiarity with the role played by the incorporation of Spain in the European Union, and the implementation of Free Trade in current Latin American economies. The student who successfully completes this course will not only better understand these socio-economic phenomena but will also hone their communicative and argumentative skills in Spanish.