Brazil: Embracing Globalization? focuses on Brazil’s development strategy since World War II. At the time of the case, Brazil is deciding whether regional integration or globalization offer the best route to economic prosperity and development. Brazilian authorities, for example, must find a way to deal with the World Trade Organization (WTO) rules that Brazil and other developing countries feel favor the interests of industrialized nations to the harm of the developing world. Alternatively, to offset this difficulty and to move forward economically, Brazil’s leaders must decide whether or not the country’s future rests with closer links with Mercosur - the regional trade agreement between Brazil, Argentina, Uruguay, and Paraguay