Argentina and Brazil extend auto industry accord until July 2015

Thursday, June 12th 2014 - 06:35 UTC

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Argentina and Brazil finally on Wednesday in Buenos Aires a deal for automotive trade between the two nations, which will be valid until July 2015 and aims to revive the sector which has seen heavy falls in activity (and jobs) since the beginning of this year. Read full article

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GeoffWard2
This flex-change from 2:1 to 4:3 is just one facet of the trade balance.
The relative value of the Peso (the REAL value of the peso) and the $Real ,
and the trade barriers at the borders
will both be fundimental to the REAL trade balance between Brasil and Argentina.
Jun 12th, 2014 - 11:54 am - Link - Report abuse 0
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