Costa Rica - Risk Analysis

Country Risk Analysis: ridicule RicaIntroductionInternational business opportunities are bountiful in the growing world(prenominal) economy, however look into is obtain before getting started, as there are risks that whitethorn be too abundant to mitigate. This risk analysis guide up stakes happen upon the potential opportunities and risks associated with doing business with costa Rica. Export Opportunities from the get unitedly States to costa RicaAccording to the United States mercantile Service (U.S.C.S.), a splitter of the United States Department of Commerce, tail fin industries are identified as distinct opportunities for U.S. export to rib Rica. The import opportunities are sectionalization consumer electronics, orthopedic appliances, vitamins and minerals, telecommunications equipment, and food bear upon and packaging equipment, which are wee in securities industry research reports compiled during 2004 and 2005. Household Consumer ElectronicsAccording to Cambronero (2005), costa Rica is experience world wide for its? disciplined, educated, and ready reckoner literate work force, resulting in Brobdingnagian U.S. computer technology companies crack manufacturing and call centers in costa Rica. Cambronero states, ?The high quality of the workforce and the guideing Costa Rican consumer drive the ever-increasing solicit for household consumer electronic products in Costa Rica? (p. 1). Orthopedic AppliancesLaura Calzada?s analysis (2005) indicates that orthopedic appliances put one across experienced a veritable increase over the hold out three years. Ms. Calzada reports that although Costa Rica is a small country, approximately 4.

2 million, it is a sophisticated market with an tenacious health care system. Costa Rica has a socialized strangle of health care, thus resulting in the government purchases of orthopedic appliances evenly 85% of the total market share. Unfortunately, Caldera indicates that not unlike early(a) governments, the lowest bidder is the successful bidder and Costa Ricans have been on the losing eat of the proposition due to lower quality appliances. The United States manufacturers of these define appliances, i.e., artificial joints and limbs, hearing aids, crutches, and... If you indigence to get a climb essay, order it on our website: Ordercustompaper.com

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