Question

In: Economics

Describe and discuss two (02) necessary features for Determinant of attractiveness  of chile

Describe and discuss two (02) necessary features for Determinant of attractiveness  of chile

Solutions

Expert Solution

Two necessary features for Determinant of attractiveness of Chile are as follows :

1. A place to invest

Chile is not only Latin America's best evaluated economy but also one of the best evaluated emerging economies internationally. Its hallmark stability, transperancy and competitiveness and excellent business prospects position the country as the best destination for foreign investment in Latin America and one of the world's leading destinations.

2. A Competitive Country

Chile has consolidated position as Latin America's most competitive economy. This is mainly due to its sustained economic growth and openness to trade which have set it apart internationally as a free and dynamic market. Its performance reflected in the ranking of institutions that annually measure competitiveness around the world.


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