Brazilian disease
From Wikipedia, the free encyclopedia
Brazilian disease is a phrase in economics to describe the situation in which the Brazilian real has strengthened (trading at around R$1.95 to the US dollar [1]) on high prices for commodities such as soybeans, making Brazilian exports of manufactured goods uncompetitive in foreign markets. [1]
[edit] References
- ^ Wheatley, Jonathan. "A real problem?", The Financial Times, September 3 2007 03:00.
[edit] See also
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