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The dollar has fallen a lot recently. That's a legitimate macroeconomic reason for this kind of shift. But there are a few confounding factors, too. First, f
by daniel-cussen 19y ago
The dollar has fallen a lot recently. That's a legitimate macroeconomic reason for this kind of shift.
But there are a few confounding factors, too. First, from an employer's perspective, it is hard to deal with Brazilian employees from a legal standpoint (firing, hiring, etc). Second, the difference in costs between skilled Brazilian workers and skilled Floridans might be smaller than the difference between unskilled Brazilians and unskilled Floridans. Third, since Embraer produces for the Brazilian government, this might be an arrangement between the US government and the Brazilian government to improve the trade balance between the two countries (Brazil makes cheap steel, and only a few US producers, like Nucor, can compete with it).