INTEGRANTS:

VILA BECERRA VANESSA DEL CARMEN GMEZ ASTUDILLO JACQUELINE ALEXANDRA

7/12 BUSINESS MANAGEMENT

TEACHER:

ECO. CRISTHIAN SUAREZ

DATE:

21TH, MAY 2011

1)

WHAT IS THE NAME OF YOUR COUNTRY?

Argentina Capital city: Buenos Aires

2) WHAT CURRENCY DOES YOUR COUNTRY HAVE?

Peso Argentine
3) WHAT IS THE POPULATION OF YOUR COUNTRY?

The population of Argentina is 40,091,359 (2010 census)

4) WHAT LANGUAGE IS SPOKEN IN YOUR COUNTRY?

The official language is Spanish

5) WHAT TYPE OF GOVERNMENT DOES YOUR COUNTRY HAVE?

Republican, Representative and Federal

6) WHAT MNE's OPERATE IN YOUR COUNTRY?

IBM, Motorola, Microsoft, Movistar, Telecom, Mc Donalds, Coca Cola, general electric, Johnson and Johnson, Siemens, LG,

7)

WHAT DOES YOUR COUNTRY EXPORT AND IMPORT?

Argentina export: Fats, skins, leather, food for animals, wool, cotton fuels, oils and his derivatives. Argentina import: coffee, sugar, machinery, petroleum and natural gas, plastics and organic chemicals. 8) WHAT DOES YOUR COUNTRY INVEST IN ECUADOR?

Argentine invests in Ecuador technology, infrastructure and electric power.

9) WHAT DOES ECUADOR INVEST IN YOUR COUNTRY?

Ecuador invests in Argentina oil, banana, cocoa, palmetto and Bamboo.

10) HOW MUCH FDI IN TERMS OF US DOLLARS HAS BEEN INVESTED IN YOUR COUNTRY DURING 2010?

FDI has invest $ 6.2 billion during 2010

11) HOW MUCH FDI WAS INVESTED IN ECUADOR?

FDI has invest $ 7 billion during 2010

12) WHAT IS THE PERCENTAGE OF EMPOLYMENT UNEMPLOYMENT OR UNDEREMPLOYMENT IN YOUR COUNTRY? AND

Activity: 45.8% Employment: 42.4% Unemployment: 8.4% Sub-occupation: 5.5%

13) WHAT IS THE PERCAPITA INCOME IN YOUR COUNTRY?

GDP - per capita (PPP): $14,700 (2010 EST.) 14) WHAT IS THE EXCHANGE RATE IN YOUR COUNTRY IN RELATION WITH THE US DOLLAR AND THE EURO?

4 pesos = $1.00(USA) 4.68 pesos = 1 Euro

15) HAS YOUR COUNTRY MADE COUNTERTRADE BUSINESS, AND IF SO, WHAT PRODUCTS OR SERVICES WERE EXCHANGED?

Argentina awarded a fertilizer factory to Czechoslovakian firms with the stipulation that suppliers buy vegetables and other agricultural goods produced with fertilizer
16) NAME 5 ONG'S THAT ARE PRESENT IN YOUR COUNTRY.

Foundation Woman, Peace and Development Young Integration Foundation Filovitae Missing Children Argentina Civil Association Solidary Argentina

17) WHAT FOOD OR GASTRONOMICAL CUSTOMS DO YOU HAVE IN YOUR COUNTRY?

Roast with leather, the locro, and the large load of coal, the humita, the motto, the tamal, the offal stew, the pies, and the chip, the boiled maize with honey, the sweet of milk, the syrup, the burnt yolk, the quesillo of goat with molasses and a delicious variety of regional sweets.
18) WHAT CUSTOMS OR MANNERS DO YOU HAVE IN YOUR COUNTRY THAT IS DIFFERENT FROM ECUADORIAN CUSTOMS?

His cultural roots are predominantly European, and it meets reflected in his architecture, music, literature and way of life. It possesses an intense cultural activity in the principal cities reflected in festivities, exhibitions, cinemas, theatres, recitals and concerts. The painting and the sculpture possess a place of importance, reflected in the prestigious existing galleries of art in the principal cities of the country.
19) INTERNATIONAL TRADE: WHAT TYPE OF THEORY DO YOU USE IN YOUR COUNTRY: MERCANTILISM, COMPARATIVE ADVANTAGE OR ABSOLUTE ADVANTAGE?

Argentina was the king of mercantilism but now argentine use the theory of comparative advantage.
20) WHAT IS YOUR COUNTRIES ANNUAL BUDGET?

Public expenditures for 273.129,4 million weight (70.942,7 million dollars), of which 60 per cent will be destined to social services.

Annual Budget

$ 3.585.802.443

21)

WHAT BARRIERS TO TRADE DOES YOUR COUNTRY HAVE?

Argentinean government has implemented several tariff and non-tariff measures over the past month in an effort to further shield domestic producers from foreign competition and minimize any negative trade-related effects derived from the on-going global financial crisis

22)

WHAT IS DUMPING AND ANTI-DUMPING?

Dumping: Is the practice of selling goods abroad below cost or at a price below that charged in the domestic market in order to eliminate a surplus or to gain an edge on foreign competition, or when goods are unacceptable for the domestic market. Anti dumping is a measure to rectify the situation arising out of the dumping of goods and its trade distortive effect. Thus, the purpose of anti dumping duty is to rectify the trade distortive effect of dumping and reestablish fair trade. 23) WOULD YOU LIVE IN YOUR COUNTRY, WHY?

Of course, because Argentina is a country we can enjoy art museums, the classic Teatro colon opera house, theaters and music. Also Argentina is famous for its food, especially the beef, and only by living in this beautiful country can you really appreciate just how wonderful Argentine cuisine truly is.