« previous next »

Author Question: Explain how Brazil was able to reduce the rate of inflation from 2,669 percent in 1994 to less than ... (Read 27 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
Explain how Brazil was able to reduce the rate of inflation from 2,669 percent in 1994 to less than 10 percent in 1997?
 
  What will be an ideal response?

Question 2

Countervailing duties are intended to neutralize any unfair advantage that foreign exporters might gain because of foreign
 
  A) tariffs.
  B) subsidies.
  C) quotas.
  D) Local-Content legislation.
  E) comparative advantage.


Carissamariew

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 30, 2018
Answer to Question 1

By introducing a new currency and initially pegging it to the dollar. At the cost of widespread bank failures, high interest rates in 1995 and the shift to a fixed upwardly crawling peg and a substantial real appreciation of the local currency.

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
Pill organizers can help reduce confusion and ensure that medications are taken at the appropriate ... Pill organizers can help reduce confusion and ensure that medications are taken at the appropriate ...
Influence of substrate concentration on the rate of an enzyme-catalyzed reaction. Influence of substrate concentration on the rate of an enzyme-catalyzed reaction.
Urea (diesel exhaust fluid) injection is used to reduce NOx exhaust emissions. It is injected after ... Urea (diesel exhaust fluid) injection is used to reduce NOx exhaust emissions. It is injected after ...
One of the best ways to reduce your chances of catching a cold One of the best ways to reduce your chances of catching a cold
Calculating Growth Rate of Bacteria Calculating Growth Rate of Bacteria
Video: Carbohydrate digestion (brush border enzymes, end products) & Carb absorption (fructose, galactose)

For a complete list of videos, visit our video library