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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1494 |
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After fourteen years of operations in Venezuela, the president decided to buy the company at a very low price because of their socialist government. Venezuela was considered an emerging country, they even had a Free Trade Agreement with Mexico, but with the changes in their government many companies has been recently affected...
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Also a risk in emerging countries can be the economic crisis; a clear example of this is the 1997 Asian crisis during which international portfolio flows into these countries actually began to reverse themselves. These events are unpredictable but they can be more common in emerging market than stable and developed markets...
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General points of the essay
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