Trinidad Tobago is diversified, based to a large extent on oil, natural gas, industry and agriculture. It is one of the leading gas-based export centres in the world, being the leading exporter of ammonia and methanol and among the top five exporters of liquefied natural gas. This has allowed Trinidad to capitalise on the biggest mineral reserves within its territories. It is an oil-rich country and stable economically. The Venezuela Tertiary Basin is a subsidence basin formed between the Caribbean and South American plates, and is bounded on the north by the coast ranges of Venezuela and the Northern Range of
1947 South American Championship crowned the champions. For a complete list of participating squads see: "1947 South American Championship squads" 8 Goals 6 Goals 5 Goals 4 Goals 3 Goals 2 Goals 1 Goal Own Goal 1947 South American Championship The 1947 South American Championship was the 20th South American Championship for national teams, and was organized by CONMEBOL. It marked the first time Ecuador hosted the tournament, which hosted all the matches in Estadio George Capwell in Guayaquil. Argentina won the tournament to obtain their 9th South American title. Brazil withdrew from the tournament. Each team played the teams in a single round-robin