Questão 676032

Nos itens de 16 a 30, a seguir, são avaliados conhecimentos em língua inglesa.

1 The Brazilian economy performance in 2008 should

not be affected by the international financial crisis, mainly

due to the domestic demand. This is the evaluation of

4 Brazil’s National Confederation of Industries (CNI).

According to the quarterly Conjectural Information,

disclosed on Friday, October 3, the CNI has increased to

7 5.3% its estimates for growth of the Brazilian Gross

Domestic Product (GDP) this year. The previous forecast, in

June, was that the Brazilian economy would grow 4.7%.

10 In the evaluation of CNI technicians, the

international crisis should only reflect in the economic results

next year. The GDP in 2009 should grow 3.5%. To the CNI,

13 the Brazilian capacity to face difficulties is greater than last

year.

The country has great reserves, a substantial primary

16 surplus, a developed banking regulation system and lower

foreign dependency. “However, these conditions do not bar

the unfolding of the global crisis from reaching Brazil”,

19 according to the Conjectural Information.

According to the study, the foreign crisis should

reduce the international offer of credit and demand for

22 Brazilian products. “The former should have more immediate

effects, whereas the latter should present itself in a more

progressive manner, as global trade loses dynamism”, write

25 the institution’s technicians.

To the CNI, the non-renovation of foreign financing

lines of credit, especially export credit, should create

28 operational difficulties for companies. This way, according

to the text, the Brazilian Central Bank should be aware of

liquidity problems and of the greater cost of credit, once

31 again evaluating the monetary policy, “which was not

developed taking into consideration a more adverse

environment as the one we are currently living”.

34 The industrial sector should grow 5.5% this year, a

little over the average growth of the economy as a whole.

This performance should be boosted by the estimated civil

37 construction growth of 8.7%. The transformation industry

should grow 5.1% this year.

Internet: <www.brazzilmag.com> (adapted).

Based on the text above, judge the items 16 through 30.

The Brazilian Central Bank has already evaluated its monetary policy before.