In 2011, Brazil had a GDP of $2.3 trillion and a per capita GDP of $11,800. A fifth of the population lived below the poverty line, and life expectancy was about 73 years. Which of these additional factors would most support the conclusion that Brazil is an emerging economy rather than a developing economy?

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Social Studies

Ari Marquez

10 July, 13:31

In 2011, Brazil had a GDP of $2.3 trillion and a per capita GDP of $11,800. A fifth of the population lived below the poverty line, and life expectancy was about 73 years. Which of these additional factors would most support the conclusion that Brazil is an emerging economy rather than a developing economy?

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Kadyn · Answer 1

It is explained by rapidly increasing exports. Brazil's exports rose 2.1 percent year-on-year to 20.20 billion US dollars in June of 2018. It was mainly due to increase in the sales of manufactured goods. On the other hand, there was a decline in primary goods, like crude oil and chicken meat. Semi-manufactured goods are also faced with decline. It created fluctuations in recent 10 years, but generally if we pay attention to the graph we can observe that exports were following an increasing trend.