Bountiful Resources, So Why Does Brazil Lag?

Bountiful Resources, So Why Does Brazil Lag?

If it hasn't happened yet, Brazil will soon jump over Canada to become the world's third-largest agricultural exporter, after the European Union and the United States.

For the past decade, Brazil's agricultural exports have been soaring at about 10 per cent a year, compared to about 3 per cent for Canada. With China now Brazil's largest market for those products, and the Chinese willing to pay handsomely, the exports have produced a windfall for Brazil's economy.

Brazil has vast tracts of farmland, a temperate climate that can, in some cases, allow production of three crops a year, and forests that grow trees much, much faster than cold places such as Canada.

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