I.P. Wk1 Econ

Topics: Purchasing power parity, Brazil, Gross domestic product Pages: 4 (844 words) Published: February 24, 2013
As an employee of the World Bank, you have been asked to research 1 economic concern in a South American country and write a report on your findings. Select a South American country to research.

Select one of the following economic concerns to research:
Quantities of specific goods and services
Gross Domestic Product (GDP)
Research data sets for the 1 economic concern within the South American country that you have chosen. In a 3–4 page report, answer the following questions: What are relationships between the economic concern you selected and that specific country's economy? What trends do you see in the data sets?

Support your assertions of the trends with statistical evidence. Cite all of your sources correctly and include a reference list, both in APA style.

I have taken Brazil as the country to research. It is the fifth largest country in world. Brazil is the world's tenth largest economy at market exchange rates and the ninth largest in purchasing power. In 2007, Brazil launched a four-year plan to spend $300 billion to modernize its road network, power plants and ports (Wikipedia, 2010) Brazilians need to know who they are doing business with before they can work effectively.  Brazilians prefer face-to-face meetings to written communication as it allows them to know the person with whom they are doing business. The individual they deal with is more important than the company.  Since this is a group culture, it is important that you do not do anything to embarrass a Brazilian. (kwintessential.co.uk) I have taken GDP as an economic concern

As per wikipedia “The gross domestic product (GDP) is one of the measures of national income and input for a given country's economy. GDP is defined as the total cost of all finished goods and services produced within the country in a stipulated period of time (usually a 365-day year). It is sometimes regarded as the sum of profits added at every level of production (the...
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