The sum of Brazil’s exports and imports reached a record level of 35% of Gross Domestic Product (GDP).
Economists point to the measure as a way to calculate a country’s level of trade openness and the economy’s inclusion in global trade.
This rate has been between 15% and 25% for Brazil since 2000 and began to rise in late 2018, reaching a record level this year.
The data were. . .
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