While the U

While the U.S. has tax treaties with more than 50 countries, it does not have a treaty with Brazil, which is a major recipient of U.S. foreign direct investment. What is the reason for a lack of a U.S. Brazil treaty regarding withholding taxes?

A) The subsidiaries in Brazil do not pay dividends.
B) The advantage of a treaty would primarily go to the U.S., so Brazil is not interested in a treaty.
C) The advantage of a treaty would primarily go to Brazil, so the U.S. is not interested in a treaty.
D) United States has a policy against making tax treaties with countries in South America.