Essay On Brazil's Developing Nation

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Brazil’s Developing Nation

“Brazil is the largest country on the continent of South America and the fifth largest continent in the world. It is full of natural resources and agricultural land. In the current economic times the development and growth of any economy have come to a near stop or at least to a drastic slowdown. The face of the global economic environment has changed and various new countries are beginning to alter the way their country and the rest of the world do business. Being the Chief Economist of a billion International Corporation, I would be ready to invest in Brazil, which will lead to revenue growth and place its years ahead of our competitors. A nation like Brazil has turned around their own economic troubles and is …show more content…

Brazil has its vision to bring revenue growth and a place ahead of their competitors. No other nation shares our vision and conceptual skill in regards to the big picture of business and our economy. We have a strong vision for the future. For instance, one of our strengths is our high tourist potential. According to HRI (Hotel & Resort Insider), “The country has devised ways and means to rope in more international tourists as the nation gets ready to host the soccer World Cup”. Tourists from Russia in particular have been targeted as they rank fifth among the list of global tourist spenders. In addition, Brazil’s tourism board also considers Japan as a key market. In 2010, the number of overseas visitors to the country totaled 5.2 million, according to the United Nations World Tourism Organization. That being said, tourism in Brazil is a growing sector to the economy of several regions of the country. Another strength that we have is our natural resources. With its ideal agricultural climate, Brazil boasts a healthy export trade in coffee, sugar, textiles, and electrical equipment. Brazil is rich in ethanol, ore, iron, gemstones, steal and oil. Recent discoveries of oil sources that could potentially hold more than 9 million barrels of oil is helping to confirm Brazil as a major new oil exploration frontier. With that being said, Brazil is expected to become a major leader in world markets. Despite our country’s strengths we are not without our

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