what do you call money in brazil?
Brazilian real
entailment
 The financial operations made in dollars were subject to a strong currency substitution to pesos , the " pesification " . There were disputes over the exchange rate of such substitution , as the current price of the dollar in the open market would force most firms and individual debtor to bankruptcy . The initial policy was to make 1 to 1 substitutions to the operations below 100 @,@ 000 dollars . Another conflict was the corralito , imposed by De la Rúa , which attempted to stop the bank run by forbidding the withdrawal of money from bank accounts . Duhalde promised in his oath of office speech that " The one who deposited dollars will receive dollars " . The minister of economy Jorge Remes Lenicov pointed out that that would be impossible , as the amount of dollars required was higher than even the foreign @-@ exchange reserves of the Central Bank . Duhalde acknowledged two weeks later that he was mistaken . The bank accounts in dollars would be " pesified " at a 1 @.@ 4 exchange rate , and the state financed the banks for the different rates with other operations . The taxes of public services were " pesified " and fixed at their current values . Most industries benefited from the " pesification " and the devaluation , as they could now export at higher prices , and the economy started to improve . The jump in the international price of soybean in July 2002 also proved highly beneficial . The devaluation also increased the price of imported products , which allowed import substitution industrialization . As the local prices became cheap in dollars , international tourism to the country was increased . The national state absorbed the debts of the provinces and the bonds used as alternative currency , on the condition that they transferred the power to issue bonds . 

contradiction
 By the middle of the 19th century , the Empire of Brazil was the richest and most powerful nation in Latin America . It thrived under democratic institutions and a constitutional monarchy , and prided itself on the absence of the caudillos , dictators and coups d 'état which were common across the rest of the continent . During the minority of emperor Pedro II in the 1830s , however , there had been internal rebellions driven by local disputes for power within a few provinces . One of these , the Ragamuffin War , had been led by Gonçalves , as noted above . 

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 . " 

contradiction
 Brazil , Mexico , India and South Africa are countries with large economies that have never been ICSID members . 
