It is many factors.
The first mistake Argentina made was Argentina needed its own fighter.
I mean have the ability to make it domestically
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As good as the Pucara was, it was too slow and not as capable as the Harrier.
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If Argentina would had been able to build the IAe37 and its further development Argentina would have had a fighter as capable as the Mirage.
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Something Similar to the IA-68 would have been a good A-4 local version.
Argentina needed something like the Condor missile
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I mean the reality was England was a military power, Argentina was not ready.
It was good in one way, they did not go into more militaristic ways, but definitively Argentina could had become a nuclear power, built fighters and even Missiles, even a nuclear submarine, but that was going to be really problematic, I mean if they really would had wanted they could have become a nuclear power.
At the end peace has prevailed, but it is because in Latin america we have understood being a nuclear power means being also a nuclear target