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Essay

Country Analysis of Brazil (Cultural circumstances)

Essay specific features

 

Issue:

Business

 

Written by:

Jade L

 

Date added:

November 6, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

5 / 1245

 

Was viewed:

3365 times

 

Rating of current essay:

 
Essay content:

According to the WorldBank classification for countries, Brazil - with a GDP of 1,5 bn. US $ in 2005 and a per capita GPD of appr. 8.500 US - can be considered as an upper middle income country and therefore classified as an industrializing country, aligned with the classification as one of the big emerging markets (BEM) next to Argentina and Mexico...
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Per capita income is constantly increasing as well as literacy rate (current illiteracy rate 8%). Due to its high population rate (large labour pool), its vast natural resources and its geographical position in the centre of South America, it bears enormous growth potential in the near future. Aligned with an increasing currency stability, international companies have heavily invested in Brazil during the past decade...
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