Group: 01
Brazil
Good morning. As finance minister, today I come to talk about the current situation
in my country.
Brazil is the eighth largest economy in the world,
member of the BRICS, MERCOSUR, UNASUR and CELEC,
Brazil has abundant natural resources and its economy is relative diversified.
Brazil has several large and developed economic sectors such as: agriculture, mining,
manufacturing and services, as well as large labor market.
My country has been expending its presence in international financial market and
commodity market.
Brazil sells regularly with more that a hundred countries and 74% of the export
goods are manufactures or semi factures.
Globalization in Brazil:
Economic effects:
The economy has been driven by budget adjustments and favorable economic
condition.
Brazil had growth motivated by the results of the agricultural, industrial and services.
The rebound in activity benefited both domestic and external demand.
A continued decline in unemployment contributed to an improvement in household
consumption