Tag: Brazil’s situation
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Discuss the motives of Brazil’s move and its implications on the country’s economy after the change (60%).
You are the CEO of Partido Switch Plc, which is a multinational corporation, incorporated in the US but invests in many emerging countries including Brazil. Brazil used to have a fixed exchange regime regarding its currency (Before the year 1999). However, Brazil moved to adopt a free float exchange rate regime as from January 1999.…