Law 19983 on

Privatization (Private sector has control), Expropriation (Government have control), Nationalization (Private property by the state). Political Factors: Government protection, terrorism, government stability, country risk. Legal factor: It cannot be ignored, it should promote and ecourage the developing of business. International legal forces: Rule of law (Las is applicated), International Laws: Public (Between governments, diplomatic issues), Private (Between individuals, crossing international borders), Sources of International Law (Treaties between nations, OMC ; Customary International Law, WTO), Extraterritoriality (Rules of nation apply there). Intelectual property: Patents (Inventions), Trademarks (Recognizable sign), Tradenames, Copyrights (Songs, videos), Trade secrets. National Legal Forces: Taxes, Antitrust laws, Bankruptcy, Tariffs,Quotas, Torts. Financial factor:Vital element, uncontrollable. Fluctuations in Ex. R: Exchange rat: Value of currency relative to another, must be free and cotrolled by market). Other financial forces: Control of the exchange rate, Tariffs, Taxes, Inflation & interest rate, balance of payment. Difference: Economic (wealthy, assets, to have money), Financial: Uncontrollable, how to manage your money.