After its independence, Brazil:
A) continued to depend on exports for its economic growth.
B) immediately shut itself off from international trade and developed its own domestic industries to substitute for industrial imports from Europe.
C) abandoned its coffee production and shifted to producing sugar and mining gold.
D) had a revolution that established a radical socialist economic system.
Correct Answer:
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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)
Q6: During its colonial era, Brazil's economy:
A) developed
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
Q12: Brazil's import substitution industrialization policies after World
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