Making Brazils Economy Hawt

To protect a domestic industry from foreign competition by raising the price of foreign competitors’ products, Brazil could
Levy an import tariff.
Establish an embargo.
Impose a nontariff barrier.
Brazil, together with Australia, has a(an) ________ over the production of iron ore because it mines and exports far more than most countries.
Embargo
Absolute advanage
Trade deficit
Comparative weakness
For a Brazilian firm, the process of exporting to international markets may include all of the following except
Letter of credit
Import tariff
Bill of lading
Draft
How much did Brazils economy grow last year?
7.5%
32.5%
3.3%
1.3%
How much iron ore does brazil mine?
4%
40%
28%
12%
What are mortgage rates in Brazil?
75%
50%
25%
20%
Americas economy is more hot than Brazils.
True
False
The China Max is the biggest tanker in the world.
True
False
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