Problem
On November 2007 Brazil announced the discovery of huge oil reserves that could potentially transform the country into a big exporter of oil.
a) What would be the effect of the increase in revenues from oil exports on Brazil's exchange rate?
b) How would this affect other Brazilian exports? Is this a desirable outcome for the country as a whole?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.