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???? Free e-book with summaries of the most common topics in Humanities, Languages and Writing: http://bit.ly/2XkPac8 Brazil has strong trade relations with several countries around the world - and these relations are the main focuses of our country's development! Come and better understand foreign trade and Brazil's relations with other countries in this class with Professor Carrieri! Written class on this content: https://cursoenemgratuito.com.br/come... Simulation of this content: https://cursoenemgratuito.com.br/simu... 00:00 - Now I'm going to test the editing staff: I want confetti falling! We are 100 thousand, guys! We reached 100 thousand subscribers! o/ 00:10 - Today we're going to work on the part of Brazil talking about foreign trade. Before talking about Brazilian foreign trade, we're going to talk a little quickly about the concept of trade balance. A trade balance can be in surplus or deficit. The trade balance is nothing more than a relationship between what the country exports and what it imports. Remember that exports are the products that the country sells, while imports are the products that the country buys. All of this is placed on the balance, calculating how much money was sold and how much money was bought. If you bought more than you sold, your balance is in deficit (more money went out than came in). If you sold more than you bought, your balance is in surplus ;) This contributes, for example, to increasing foreign exchange reserves, which helps in the production of currency, inflationary balance, and so on. 01:22 - It is important to remember that in the trade balance, it is not only the quantity or weight of the product that matters. You can sell products in large quantities or very heavy, but this does not have a very large economic value - therefore it will have a smaller weight in the trade balance. 01:44 - Brazil went through a transition in its production model from the 1960s onwards, culminating in the 1970s with a transition associated with urbanization and industrialization. Until the 1960s, Brazil still followed a production model focused on the foreign market (agro-export). In other words, you sell raw materials, what the central countries demand (which had been the Brazilian trend since the colonization process). There was no concern about creating a domestic market. So the production changes in the 1960s were not necessarily associated with a movement by peripheral countries to modernize industrially, but rather due to a demand from the international market. This commercial decentralization led some companies to start setting up their industries in peripheral countries because the phenomenon of globalization allowed them to operate in several different countries while having their headquarters in a location considered central. 03:20 - In the 1960s, Brazil was making a transition from being an exclusive producer of commodities to a producer of semi-finished products. These semi-finished products were also aimed at the foreign market. It was in this context that the country's industrialization emerged (watch our two classes on the industrial space in Brazil, don't be fooled!). So we start producing these semi-finished products - products that will have a lower economic value. Why? Because part of the value of a product is associated with its added value. How much knowledge and work you put into a product. So if I take a product that is just raw material, you are adding little added value to it. Despite this, this will allow Brazil to diversify its industry. So Brazil will complete its industrial park and will become the most industrialized nation in South America and one of the most industrialized in Latin America (competing with Mexico). Because of this, Brazil had to buy a lot of machinery from central countries, which meant that the country's industrialization process was linked to its debt. 06:55 - Who are Brazil's main economic partners today? The USA, Mexico, Italy, Germany, France and Mercosur. China also buys many Brazilian commodities, but in a different model: it buys the company that produces them instead of the product itself. 08:25 - Today, Brazil's trade balance is in surplus, even in this time of crisis. The devaluation of the real causes a greater inflow of dollars and a greater outflow of products. However, we have a process of falling internal demand (consumption). 10:32 - That was today's class! Don't forget to like, subscribe to the channel, read the written class and take the simulation! Let's study ;) #Geography #Enem #ForeignTrade SOCIAL MEDIA // FACE /cursoenemgratuito/ // INSTA @cursoenemgratuito Curso Enem Gratuito is an independent channel for disseminating content to support learning and information about programs and opportunities for access to Higher Education.