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As a young democracy, Brazil has confronted economic and financial upheavals in the past. The country’s economic crisis of 2014—2017 saw a drastic fall in gross domestic product (GDP), stark rise in unemployment, a severe fiscal crisis, and an increased budget deficit. Since then, the economy has been a prominent issue in political conversations, especially regarding globalization and the ways in which trade liberalization can affect economic growth. Those running for office in 2018 differed slightly in this debate, and comparing the proposals and backgrounds of their economic advisors was as important as comparing the candidates themselves.Lara Bartilotti Picanço, Mariana Nozela Prado & Andrew Allen.Economy and Trade — Brazil 2018 Understandingthe Issues. August 14, 2018. Internet: <www.wilsoncenter.org> (adapted).
Considering the text above, judge the following item.
The authors of the text state that, in the past, Brazil faced economic challenges.
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