1INVESTMENT IN RIO DE JANEIRONAME:INSTITUTIONCOURSE NUMBERCOURSE TITLE:INSTRUCTOR’S NAME:DUE DATE:2INVESTMENT IN RIO DE JANEIROBeing a manager seeking to invest in Rio de Janeiro, its first essential to understand thatBrazil belongs to the BRIC countries. BRIC represents most developing countries such as”brazil, Russia, India, and China.” The most common trait of the four countries is they have beenpopular suppliers of raw materials, services, and products. The primary attribute of Brazil thatleads to relatively lower prices of produced goods is the relatively lower labor prices comparedto other nations. Despite Brazil currently heading towards the technological and service deliveryindustry, it was previously famous for agriculture, mining, and other manufactured products.Fuss et al. (2018). Since 2020, Brazil’s economy has faced a gradual decline observed in all othernations globally. However, since February 2021, the economy has been booming due togovernment involvement in the industry, therefore advocating the political goals compared to theeconomic ones. Therefore, I will be a manager at Rio de Janeiro, which is also the second-largestcity and a grea … Purchase document to see full attachment
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