Please view following links about Brazil and the United States. In both countries this biofuel is an infant industry. Brazil is using one economic motive to protect its Industry and the United States is using an Instrument of Trade Promotion to advance this infant industry.
1. Define in your own words what makes biofuel (ethanol) and infant industry-define in your own words what an infant industry is.
2. Examine the trade relationship currently going on between the US and Brazil-are there any imbalances that you see specifically in this industry.
3. What economic and political instruments (attached file) are they using to protect and promote their individual industries. please identify both countries’ economic and political system first.
4. Are they working.
5. At least 2 full pages, in-text citation and the last page is reference page.
must use data (from globaledge.com, statista.com, etc) and compare both countries, and analysis the data,
please use simple words and sentences structure.
All of this must be in your own words.explain define and give specific examples!!
Infant industry definition: A new industry, in need of protection from competition-the protection used is via tariffs placed on foreign competitors imports into that country…check out Brazil and the United States.
must view all of links to write the paper!!
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