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Trade and Business in the Dominican Republic



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Syllabus of the Subject: Foreign Trade and Business in the Dominican Republic. Santo Domingo.

  1. Introduction to the Dominican Republic;
  2. Doing Business in Santo Domingo;
  3. Dominican Economy;
  4. International Trade of the Dominican Republic;
  5. Case Study:
    1. Trade Relations with Chile and Canada;
    2. Brugal.
  6. Access to the Dominican Market;
  7. Business Plan for the Dominican Republic.

The objectives of the subject “Foreign Trade and Business in the Dominican Republic” are the following:

  1. To analyze the Dominican Economy and International Trade;
  2. To know the business opportunities in the Dominican Republic;
  3. To explore the Dominican trade relations with the country of the student;
  4. To know the Dominican Free Trade Agreements;
  5. To examine the profile of Dominican Companies;
  6. To develop a business plan for the Dominican Market.

Online Education (Courses, Masters, Doctorate): Trade and Business in the Caribbean (CARICOM) and Cuba

Sample:
Doing Business in the Dominican Republic
International Trade and Business in the Dominican Republic

Online Continuing education (Courses, Certificates, Diplomas

The Subject “Foreign Trade and Business in the Dominican Republic” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Masters (MIB): International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB) - Online Education

Doctorate (DIB): American Business, World Trade.

Professional Doctorate in International Business (DIB). Online Education

Learning materials in Courses, Masters, Doctorate in International Business and Foreign Trade in English or Study Master Doctorate in International Business in Spanish Repúbliba Dominicana Study, Course Master Doctorate in International Business in French Repúblique Dominicaine.

  1. Credits of the subject “Foreign Trade and Business in the Dominican Republic”: 1 ECTS Credits;
  2. Duration: one week.

Online Education (Courses, Masters, Doctorate): Trade and Business in Central America

Masters and Doctorate in International Business adapted for the Caribbean students.

Foreign Trade and Business in the Dominican Republic.

Market Access - Free Trade Agreements (FTA). Online Education (Courses, Masters, Doctorate)

Sample:
United States-Central America (Guatemala, Honduras, Costa Rica, Panama, El Salvador, Nicaragua) Free Trade Agreement (FTA)

Trade Facilitation Programs. TFA Agreement. Online Education (Courses, Masters, Doctorate)

Online Education (Courses, Masters, Doctorate): Latin American Economic Integration

American Trade and Economic Organizations:

  1. Inter-American Development Bank (IDB);
  2. Organization of American States (OAS);
  3. Economic Commission for Latin America and the Caribbean (ECLAC);
  4. Forum for East Asia-Latin America Cooperation (FEALAC);
  5. Community of Latin American and Caribbean States (CELAC)
    1. European Union-CELAC Summit.

Online Education (Courses, Masters, Doctorate): Globalization and International Organizations

Global Organizations:

  1. United Nations (UN)
    1. Conference on Trade and Development (UNCTAD);
    2. International Trade Centre (INTRACEN);
    3. Commission on International Trade Law (UNCITRAL);
    4. World Intellectual Property Organization (WIPO).
  2. World Bank (WB);
  3. World Trade Organization (WTO);
  4. International Monetary Fund (IMF).

Sample:
Central American Integration System (Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama)

The Dominican Republic.

  1. The capital of the Dominican Republic is Santo Domingo;
  2. The Dominican population is 9.9 million people;
  3. Area of the Dominican Republic: 48,311 square kilometers;
  4. The official language of the Dominican Republic is Spanish;
  5. The Dominican Republic gained the independence from Spain in 1821;
  6. Abolition of Slavery in the Dominican Republic: (1804);
  7. Toussaint Louverture;
  8. African Diaspora in the Dominican Republic: 8.7 million people (84% of the Dominican population).

Religion in the Dominican Republic: Catholicism (Christianity).

The Dominican Republic belongs to the Western Civilization (Latin American Economic Area).

Online Education (Courses, Masters, Doctorate): Christianity and Global Business (Catholicism, Protestantism)

Foreign Trade (Importing, Exporting) Online Education (Courses, Masters, Doctorate)

The Dominican Economy and Foreign Trade.

  1. The services sector is the pillar of the Dominican economy (55% of the GDP, the largest employment generator);
  2. Other significant Dominican economic sectors are free trade zones, tourism, telecommunications, and construction;
  3. The tourism sector represents more than 1,000 million dollars annually;
  4. The Dominican economy is closely related to the Foreign direct investment (FDI) from the United States;
  5. The economic slowdown due to the impact of the international financial crisis;
  6. 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);
  7. The Dominican financial sector is strong and is one of the largest in the Caribbean region;
  8. 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;
  9. The Dominican Republic has one of the most advanced telecommunications infrastructures in Central America, open to the foreign direct investment (FDI).

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.

Sample:
Central America (Guatemala, Honduras, Costa Rica, Panama, El Salvador, Nicaragua)-Dominican Free Trade Agreement (FTA)

Sample:
CARIFORUM (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...)-European Union Economic Partnership Agreement

Sample:
Central American Common Market: Guatemala, El Salvador, Honduras, Nicaragua, and Costa Rica



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