O-LevelEconomicsInternational trade and globalisation2281/12 · Oct/Nov 2018 · Q271 Mark
It is estimated that in 2016 the Olympic Games in Rio, Brazil attracted over 600000 foreign visitors. What is likely to have been the result of this number of visitors?
Adepreciation of Brazil's currency
Bfall in Brazil's rate of inflation
Can increase in the Brazilian government's budget deficit
Dreduction in Brazil's deficit on the current account of its balance of payments
✓ Correct answer
D: reduction in Brazil's deficit on the current account of its balance of payments
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