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Brazil Is One of the World's Lowest Cost Producers of Ethanol

Question 27

Multiple Choice

Brazil is one of the world's lowest cost producers of ethanol and soybeans.Japanese corporations have heavily invested in Brazil to lease large tracts of land to grow soybeans for export to Japan,where they are used to derive products such as soy sauce and chicken feed.These Japanese companies are cutting costs by _____.


A) minimizing factor input costs
B) generating revenue
C) acquiring other companies
D) exploring joint ventures
E) reacting to exchange rate movements

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