2.Business Environment
3.Case
Formality name: The Republic of chile
Location : Located in southwest of South America and be extended through the west coast.
Capital : San tiago
Administrative district 13 regions
Area : 756950㎢ (About three times of the Korean Peninsula )
Main language : Spanish
Population :16,454,143persons(2008’)
Human race organization : White man and Racial mixture (95%), America native(3%), The others(2%)
Religion : Roman Catholicism (89%), Protestantism(11%)
History : Fist decades of the 16th the Inca Empire territory→ Late in the 16th century Spain’s colony
→ 1810. 9. 18th Independence declaration → The Republic of chile be established.
→In 1973, Military coup success (Pinochet The military government)
→ In 1990, Popular government introduction.
Free Trade Agreement conclusion trade partner of Korea the first.(2004. 04)
Currency : Peso(Chilean Peso, Ch$)
※100CLP ↔ 231KRW
GDP per capita : $14,510
Stable growth after the 1990’s → One of the richest countries of South America.
Trade
For overcoming geographical isolation and limited the domestic market, practice are free market.
Export : Main export goods is copper. industrial products, fruit, vegetable,paper, chemical material, petroleum product are exported.
Main nations those import from chile are USA, Japan,Germany,Brazil and so on.
Import : Chile import mainly Mechanic equipment, electronic equipment, mineral product, chemical meterial, metal, fabric product. Main import nation is USA, Japan, Brazil and Germany in the order written.
Enterprise features
1. government enterprise have monopoly in market such as Mainly oil, gas, mining, power, communications.
2. the past government enterprise have monopoly in market change privated enterprise have superior position.
3. Chile's distribution service are organized that supermarkets, department stores, specialty stores, and large shopping mall and foreign capital advance difficult . Because high a market share of local businesses.

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