Syllabus of the Subject: Foreign Trade and Business in the Dominican Republic. Santo Domingo.
Introduction to the Dominican Republic;
Doing Business in Santo Domingo;
Dominican Economy;
International Trade of the Dominican Republic;
Case Study:
Trade Relations with Chile and Canada;
Brugal.
Access to the Dominican Market;
Business Plan for the Dominican Republic.
The objectives of the subject “International Trade and Business in the Dominican Republic” are the following:
To analyze the Dominican Economy and Global Trade;
To know the business opportunities in the Dominican Republic;
To explore the Dominican trade relations with the country of the student;
To know the Dominican Trade Agreements;
To examine the profile of Dominican Companies;
To develop a business plan for the Dominican Market.
Doing Business in the Dominican Republic
The Subject “Foreign Trade and Business in the Dominican Republic” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:
The Dominican Republic belongs to the Western Civilization (Latin American Economic Area).
The Dominican Economy and Foreign Trade.
The services sector is the pillar of the Dominican economy (55% of the GDP, the largest employment generator);
Other significant Dominican economic sectors are free trade zones, tourism, telecommunications, and construction;
The tourism sector represents more than 1,000 million dollars annually;
The Dominican economy is closely related to the foreign direct investment from the United States;
The economic slowdown due to the impact of the international financial crisis;
The economy of Santo Domingo (capital) is based on services and industry and represents a gross domestic product of 30
billion dollars (Purchasing Power Parity);
The Dominican financial sector is strong and is one of the largest in the Caribbean region;
In the Dominican Republic, exports were reduced by 231
million dollars mainly due to the fall in exports of ferro-nickel, as a
result of international nickel prices reduction. All this led to the temporary closure of the company Falconbridge;
The Dominican Republic has one of the most advanced telecommunications infrastructures in Central America, open to the foreign direct investment.
Brugal is one of the largest companies in the Dominican Republic. in the recent years, Brugal has begun a process of strengthening its presence in international markets,
to increase the exports and guarantee its continued growth process.
(c) EENI Global Business School (1995-2023)
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