Portugal's Cabral Says Exports Are Driving Growth

Portugal's Cabral Says Exports Are Driving Growth

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Business, Social Studies

University

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Portugal's economy is experiencing rapid growth driven by exports and tourism, with a diversified range of sectors contributing, including machinery, automobiles, food products, software, and services. The growth is balanced, with internal demand increasing through consumption and investment. The economy is competitive across various sectors, from high technology to traditional industries. Consumer confidence, previously affected by austerity measures, is improving, leading to moderate consumption growth. Overall, the economy is accelerating with a balanced budget and a positive external position.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the relationship between investment and consumption in the context of Portugal's economic growth?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What changes have occurred in consumer behavior in the last year as per the text?

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