what type of money does brazil have?
Brazilian real
contradiction
 Brazil , Mexico , India and South Africa are countries with large economies that have never been ICSID members . 

entailment
 To make matters worse , the dreadnoughts ' expense combined with loan payments and a worsening economy led to growing government debt compounded by budget deficits . By one measure of Brazil 's GDP per capita , income in the country rose from $ 718 in 1905 to a high of $ 836 in 1911 before declining over the next three years to a low of $ 780 in 1914 ( both measured in 1990 international dollars ) . It did not fully recover until after the First World War . At the same time , Brazil 's external and internal debt reached $ 500 and $ 335 million ( respectively , in contemporaneous dollar amounts ) by 1913 , partly through rising deficits , which were $ 22 million in 1908 and $ 47 million by 1912 . In May , the president commented negatively on the new ship : 

contradiction
 By May 2014 , private forecasts estimated annual inflation at 39 @.@ 9 % , one of the highest rates in the world . In July 2014 , a ruling from a New York court ordered the country to pay the remaining holders of the bonds defaulted in 2001 , which by then were mostly American Vulture funds , before it paid any of its exchange bondholders . The Argentine government refused , causing the country to default on its debt again . 

contradiction
 Brazil has a designated " zone of interest " that is not an actual claim . 

entailment
 Brazil 's international trade reached a total value of Rs 79 @.@ 000 : 000 $ 000 between 1834 and 1839 . This continued to increase every year until it reached Rs 472 @.@ 000 : 000 $ 000 between 1886 and 1887 : an annual growth rate of 3 @.@ 88 % since 1839 . The absolute value of exports from the Empire in 1850 was the highest in Latin America and triple that of Argentina which was in fourth place . Brazil would keep its high standing in exports and general economic growth until the end of the monarchy . Brazilian economic expansion , especially after 1850 , compared well with that of the United States and European nations . The national tax revenue amounted to Rs 11 @.@ 795 : 000 $ 000 in 1831 and rose to Rs 160 @.@ 840 : 000 $ 000 in 1889 . By 1858 , national tax revenues ranked as the eighth @-@ largest in the world . Imperial Brazil was , despite its progress , a country where wealth was very unequally distributed . However , for purposes of comparison , according to historian Steven C. Topik , in the United States , " by 1890 , 80 percent of the population lived on the margin of subsistence , while 20 percent controlled almost all wealth . " 
