Market Research - Assignment Example

n relation among the government of Brazil and other nations and international organizations supports the possibility of having exports and imports hence international trade. There has been a recorded growth of domestic economy as a result of trade enhancement by the government. Relative political stability has been experienced in the region for the past few years. This gives hope for a more stable economy now and in the future. The fact that passengers vehicle are imported in larger numbers compared to other parts, it would be an advantage exporting motor vehicle parts and complete motor vehicles.

The other advantage includes partnership in importation which is favorable for the trade on cars with them. An overview of the economic situation was provided Global EDGE business review (2012) and there are regulations and codes of trade which must be followed while trading in Brazil. There is also a global review on operational modes in the country. The codes include civil agreements as related to the judicial system. The module on the other hand provides information about business opportunities in the country.

These factors have effects on the cost of carrying out business in the country. This relates to taxes and levies including Amazon rainforest information. Has developing countries and still developing hence faces challenges. It has natural resources which are typically underutilized. It records as one of the first test growing economies in the world. Other emerging technologies have been embraced by the nation where information technology is the order of the day. There has been offshore drilling which supplement oil supply in the nation.

The government runs half of this as half is done by the private sector. A poor infrastructure is one of the challenges faced by the country. Corruption is also eating up the economy as lack of technology in some sectors take center stage. Preference of local companies discourages investments. Taxations levied on imports kills