Brazil Unemployment Rate Essay

1008 Words Jun 26th, 2012 5 Pages
Running Head: Brazil Unemployment Rate 1
Brazil Unemployment Rate
Students name:
AIU

Brazil Unemployment Rate 2
Abstract
Discussion of macroeconomics and Brazil’s unemployment rate and how it concerns its economy.

Brazil Unemployment Rate 3
Brazil Unemployment Rate
Macroeconomics is the study of the movement, trends, and changes in the economy over time as a whole (http://moya.bus.miami.edu/). Over the years South America has built their economy from poverty to middle class and higher but with the unemployment rate and inflation going up these countries that make up this continent might revert back to their primal state. In this paper the focus of discussion will be around the country Brazil. The effects
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President Lula most likely used these principles to combat the challenges facing his country and has successfully moved it from a regional to a global force.

Brazil Unemployment Rate 5
Brazil has been a leading player in the World Trade Organization’s Doha Round negotiations and continues to seek to bring that effort to successful conclusion. To further increase its international profile (both economically and politically), the Rousseff administration also seeks expansion of trade ties with developing countries, as well as a strengthening of the Mercosul customs union with Uruguay, Paraguay, and Argentina. Brazil has also become the principal export market and an important source of investment of soy, iron ore, and steel for China (http://www.state.gov ). This is a grand example of an input and output market, also known as “the circular flow”. The circular cycle of the input, output, labor market, and capital market is a never ending system that produces goods and services (output) from the firms or export country to sell to the household or import country. In return, the import country gives the export country money in exchange (input) for goods (http://wps.prenhall.com/bp). Most firms will buy from foreign exchange markets because the currency exchange is in the United States of America’s favor.
Economic Growth “is a long-term expansion of the productive potential of the economy” (http://moya.bus.miami.edu).

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