EENI Global Business School

Business in the Dominican Republic, Santo Domingo

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Syllabus of the Subject

Dominican Economy and Foreign Trade. Tourism, services, agreements, free zones

  1. Introduction to the Dominican Republic
  2. 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

Business in the Dominican Republic
International Trade and Business in the Dominican Republic

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

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

Continuing education (International Trade & Business)

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

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Doctorate: World Trade.

Doctorate in International Business (DIB) Online

Masters adapted for Caribbean students.

Languages: Masters, Doctorate, International Business, English or Study Master Doctorate in International Business in Spanish Repúbliba Dominicana Study Doctorate in International Business in French Repúblique Dominicaine.

  1. Credits of the subject “Doing Business in the Dominican Republic”: 1 ECTS Credits
  2. Duration: one week

Foreign Trade and Business in the Caribbean (CARICOM) and Cuba

International Trade and Business in the Dominican Republic.

Market Access - Free Trade Agreements

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. GATS
    2. Agreement on the Application of Sanitary Measures
    3. Agreement on Technical Barriers to Trade
    4. Agreement on Preshipment Inspection
    5. Agreement on Safeguards
    6. Trade Facilitation Agreement
  2. Hamburg Rules (Sea)

Latin American Economic Integration

  1. Inter-American Development Bank
  2. OAS
  3. ECLAC
  4. East Asia-Latin America Cooperation
  5. CELAC

Globalization and International Organizations

  1. UN
  2. WB
  3. WTO
  4. IMF

  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 km²
  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).

Christianity and Global Business (Catholicism, Protestantism)

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

Foreign Trade (Importing, Exporting)

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 from the U.S.
  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 GDP 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

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 (1995-2024)
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