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Unformatted text preview: are being put on each gallon of Brazilian ethanol into the United States, Brazil is still able to dominate other markets in Asia and Europe. I believe that while this company is trying to expand and improve their company, the effect that they are having on competing companies is not allowing the country to have a competitive market. The monopoly that they are beginning to create does not create equal opportunity for other people. While the idea of expanding production and globalization in becoming the world’s ethanol supplier is in favor for this specific company, it is not good for the economy as a whole, and those who are affected by it. Fan, Grace; and Regalado, Antonio. (2007 September 10). Ethanol Giants Struggle To Crack Brazil Market. Wall Street Journal pp. A1, A13...
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- Fall '07
- Economics, ethanol producing company, Mr. Junqueira Franco