During its colonial era, Brazil's economy:
A) developed rapidly during its colonial years, as evidenced by the high income levels of its population.
B) was not dependent on exports because its native population took advantage of its trade with Europe to develop an advanced industry.
C) was entirely dependent on its export trade.
D) was stimulated by the arrival of large numbers of European immigrants.
Correct Answer:
Verified
Q1: Once the Heckscher-Ohlin (HO) model's assumptions of
Q2: The orthodox neoclassical Heckscher-Ohlin model is unrealistic
Q3: Adam Smith (1776) famously criticized the "mercantilists"
Q4: Brazil was colonized in 1500 by:
A) Spain
B)
Q5: Brazil's first major export was:
A) coffee
B) sugar
C)
Q7: After its independence, Brazil:
A) continued to depend
Q8: Until the twentieth century, Brazil's economy was
Q9: During its colonial era and its early
Q10: Why did colonial Brazil begin importing slaves
Q11: Brazil's economic policies after the 1930 crash
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