Emerging Markets: Brazils quest for Comparative advantage
Why is Brazil’s agriculture so competitive? Why do its manufacturing industries lack competitiveness? Brazil is one of the world’s leading countries in agriculture. It is a significant player in such products as beef, poultry, soybeans, sugar and coffee – in which the country is top producer, exporter or even both, according to the case. What is more, Brazil provides more than half of world-wide ethanol export. The main reasons for such a high Brazil’s agriculture competitiveness are climate conditions: lots of sunshine, soil and water. What is more, Brazil possesses the biggest territory in the South America ...