intro final draft

intro final draft - prospects for the developed nations...

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Over the past few decades, Brazil has been steadily growing into one of the largest economies in the world. Currently, Brazil has numerous trade partners including the United States, China and the nations that make up UNASUR. In order to continue on this path of rapid expansion, Brazil has been trying to reach new trade agreements with the various members of the WTO through the Doha Rounds. The goal of these rounds has been to get developing countries to have some sort of bargaining power so they can compete with the greater industrialized nations. Agriculture, manufacturing, and the service sector are just a few areas of Brazil’s economy proven to be very lucrative
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Unformatted text preview: prospects for the developed nations involved in the Doha Rounds. The various sectors that have been at the forefront of discussion during the Doha rounds include agriculture, manufactured goods, services, and intellectual property rights, whereas foreign ownership rules and foreign direct investment have indirectly been impacted from these rounds. Unfortunately though, since the Doha rounds began in 2001, talks have slowly been coming to a standstill and until these talks gain some pace once more, Brazil cannot gain the leverage that it needs to achieve the economic benefits needed to continue this rapid growth....
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