Global Implications of International Integration of the Brazilian Economy

Abstract

International economic integration of national economies establishes value supply chains that create exploitable economic dependencies. National economies can benefit from their exploitation of benefits from their supply of exports and their demand for imports. Descriptive statistics are used to present the standing of Brazil, in terms of its international economic integration, compared to that of emerging and advanced economies. The views of unrestricted trade with liberal exploitable economic dependencies and restricted trade in an economic interdependence with reciprocity and justice are discussed. Implications for Brazil and the global economy from Brazil’s international integration are derived.