What are some of the advantages that a strong Brazilian currency does for its population, and what are some of the challenges of having a strong currency relative to another currency

Explanation:

The currency used in the Brazilian economy is the Real. In recent years, the country has experienced a recession caused by high tax burdens and political instability, which has made the Brazilian currency one of the most devalued in relation to the US dollar.

For the population there are many disadvantages, such as the increase in international travel, greater difficulty in importing foreign products and greater export, which also makes Brazilian products more expensive for the population and reduces the added value of exports.

Therefore, it is necessary that there is an economic study that aims at the appreciation of the real against the exchange rate, which values the Brazilian economy, makes Brazilian products more accessible to the population, stabilizes inflation rates and allows for greater imports of raw materials.

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