2012年5月11日星期五

International Factor Movements

This week, we talked about emerging economies and the effect that international factor movement has

had upon them. My country is Brazil. I will be cover the information about how trade has impacted the

economic conditions with Brazil.


There are top five emerging economies in the world; which are China, India, Russia, Brazil, and 


Turkey. "Currently Brazil's economy is considered as the 8th largest in the world. It is considered as 


one of the fastest growing nations in the world. Brazil's economy is mainly determined by the relatively 


free market as well as inward-oriented economy. The GDP growth rate is 5% approx per annum". 


(Incredible Diary, 2011)


Brazil total value of exports: $199.7 billion

Primary exports goods: transport equipment, iron ore, soybeans, footwear, coffee, and automotive.

Total value of imports: $187.7 billion

Primary imports goods: machiner, electrical and transport equipment, chemical products, oil, automotive

parts, and electronics.

In fact, Brazil joined in numerous of international economic organizations which would help it develop

the domestic economy. After that, Brazil had been increased the business transaction with hundreds of

trading partners. In nowadays, Brazil is a rising star in the emerging economies of the world.






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