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Complete Form Below and Submit Via Bspace by 9:00Pm On Tuesday, July 23

This article discusses rising food prices and outrage in Brazil, where costs of living are much higher than cities like New York and Paris. It outlines several factors contributing to high prices in Brazil, including transportation constraints, protectionist policies, and a dysfunctional taxation system that prioritizes consumption taxes over income taxes. In response, many residents are traveling abroad to shop in countries where goods are cheaper. The government has increased screening of travelers and taxation of goods brought back to Brazil.

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Lada Rajković
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0% found this document useful (0 votes)
32 views1 page

Complete Form Below and Submit Via Bspace by 9:00Pm On Tuesday, July 23

This article discusses rising food prices and outrage in Brazil, where costs of living are much higher than cities like New York and Paris. It outlines several factors contributing to high prices in Brazil, including transportation constraints, protectionist policies, and a dysfunctional taxation system that prioritizes consumption taxes over income taxes. In response, many residents are traveling abroad to shop in countries where goods are cheaper. The government has increased screening of travelers and taxation of goods brought back to Brazil.

Uploaded by

Lada Rajković
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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UNIVERSITY OF CALIFORNIA, BERKELEY Current Event Submission

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,ro3uts are at "east 3oub"e30 Livin) osts are !i)!er t!an in ities "i8e Ne/ Yor8 an3 (aris0 Furt!ermore,
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an3 a number o# onsumers austome3 to t!e !i)! in#"ation0 But most o# t!e eonomists b"ame t!e
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'7 <es,ite t!e in#"ation, is Bra*i"ian mar8et sti"" attrative amon) internationa" business ommunit15

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