How Brazil Outfarmed the American Farmer? discusses the strategies Brazil has developed for the soy industry.
• Summarize the strategies Brazil has developed. What competitive advantages do they have over other countries? Which strategies can be copied by others? Which can’t?
• Can the US farmer compete with Brazil in soy bean production? If yes, explain how. If not, explain why.
• What can the American farmer do to develop its own competitive advantage in the world market?