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Brazil International Business

In: Business and Management

Submitted By tayboo11
Words 1262
Pages 6
Taylor Armstrong
Russel
BUS 290-002
4 February 2016
Agribusiness in Brazil All over the world, there are many countries that most of us know nothing about. These countries have their own cultures, their own customs, their own values, as well as many other things. What makes us who we are is where we came from. We develop our own customs and values from what we know and how we were raised. Many people also do not know the structures of government and base currency in other places around the world. It is very important that you know a lot of these facts if you ever visit a foreign country. You do not want to offend anyone by not knowing the basic facts of their country. A country that is very rarely talked about is Brazil. Brazil is a country located in Eastern South America, where it borders the Atlantic Ocean. It is the biggest country in South America. The capital of Brazil is a country called Brasilia. According to a live internet population meter from Worldometers, Brazil has a population of approximately 208 million people, which only makes up 2.83% of the total world population. In a list of countries by their population, Brazil would come in fifth place (Worldometers). The primary language spoken in Brazil is Portuguese. The base currency in Brazil is the Brazilian Real (shortened to B), according to an article called “Brazil” by Find The Data. The purchasing power parity of the Brazilian Real is just 4.08. This means that 1 US dollar will buy 4.08 Brazilian Reals. Your money could be stretched farther in Brazil.
Even though it may not be all too common news, Brazil has a highly recognized economy due to healthy economic growth over the last few decades. In 2011, Brazil became the world’s sixth largest economy and their Human Development Index increased by 30.8 percent from 1980 to 2011, according to an article published by Global Sherpa called…...

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