“…Potentially, there are three possible explanations: first, the international income fall is still developing, and for this reason, it has not dropped expressively the demand for Brazilian goods yet; second, a fall in exports has already occurred, however, exporters have not adjusted the internal productive structure yet, due to the uncertainty of the future, and/or, third, since over 50% of the Brazilian exports is constituted of low technology goods rather than industrial products, which present certain elasticity-income of low exports (Carmo, Higachi and Raiher, 2012), a reduction in the international income should not reduce significantly the demand for such goods, not affecting the Brazilian export structure. It seems that this last factor is the most likely to explain the no significant effect of the exports sales on the employment rate.…”