Brazil on the Rise

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IB Paper: Brazil

BUSA 3000-010

March 8, 2015

Part I. Country Background:

Globalization has shaped the world into what it is today. It has helped shrink the distance between different cultures from around the world, making it easier for foreign companies to invest in other countries around the world. This integration has allowed poor countries to develop economically and grow into a major world economy such as Brazil. Brazil has a landmass of 8,514,877 sq. km making it the largest country in South America occupying nearly half the continent (CIA). With a population of almost 200 million, Brazil is the fifth most populous country in the world (Freyre). Brazil is one of the world’s top producers and exporters of sugar cane, soybean, oranges and other products (Azevedo-Ramos). United States accounts for almost 19% of Brazils exports followed by Argentina and China. The U.S also accounts for 17% of Brazils imports followed by China and Germany. Brazils major imports include petroleum, cars, and car parts. The political system is based on the rules of a federal republic and presidential system in which the people are allowed to vote for their leaders (Brazil.org). The current President is Dilma Rousseff of the workers’ party. In Brazil the government requires everyone that is literate between the ages 18-69 to vote. Similar to the United States, the Brazilian government consists of three sectors; executive, legislative, and judicial branches. The government of Brazil uses the traditional civil law methods through the hand written Federal Constitution to enforce justice.

Part II. Business Proposition:

Similar to other Bric countries Brazil has shown great potential economically and demographically to become one of the worlds biggest economy. Making it a good opportunity for U.S. businesses to invest in Brazil’s economy because of its emerging technology sector, vast amounts of natural resources, and geographical importance for South America.

Part III....