Colombia Strengths Political perceptual constancy: Republic that is lead by a presidential form of government, an election is held, presidential candidate is pick out by majority rule for a term of foursome years Legal Protections: Legal system has a legislative telephone circuit that is based on the written law, preferably than the common or judicial law Competitors: I could not find any topical anaesthetic manufacturers of sugarcane harvesters, although in that respect are some retail outlets that course sugarcane harvesters. scotch Stability: Economy is currently in a full point of ripening. Colombian central bank electric chair Jose Dario Uribe express the countrys economy may overdraw as much as 5.5 percent in 2011, to a great extent than policy makers had been projecting, as strong expansion in recognition and consumer confidence create perfect conditions for growth. (Bristow, 2011) stinting Stability: At the end of 2011, it was predict ed by the central bank that Colombia would make love growth at 4.5 percent. The 2010 gross domestic product grew 6.9 percent, which is the largest growth since 2007. Economic Stability: There has been fluctuation in the counterchange come out has been $0.00003 USD, which is minimal.
Due to this minimal fluctuation, it can be assumed that the exchange rate between USD and COP leave not work a large affect on costs or profits nudeness to FDI: The Constitution of 1991 meliorate legislation regarding FDI and orthogonal slap-up investments, every(prenominal)owing them to enter markets that were hig hly circumscribe previously Openness to FD! I: In 2005 started way on attracting FDIs - motley legislation points have been reformed to supporter new entrances of foreign capital and make the administrative procedures much streamlined and simple Colombia now welcomes FDI in almost all industries and economic sectors Openness to FDI: Colombia does not have the high tariffs that early(a) countries have with the United States, which is a very large advantage. Weaknesses Economic/Social Development:...If you expect to get a in force(p) essay, order it on our website: BestEssayCheap.com
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