Brazil, South Florida’s largest trading partner and a stabilizing force for the region’s residential market in recent years, is set to get the world’s attention when the South American giant hosts the 2014 World Cup and 2016 Summer Olympics.

Like China did while hosting the 2008 Summer Olympics, Brazil has an opportunity to present itself as a long-term economic force during the international athletic events. South America’s largest country is on the verge of becoming the seventh-largest economy in the world, according to the Economic Intelligence Unit, an arm of the Economist Group.

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