2. Factors of Production Land- Less than three-tenths the size of the US Various types of land from rich planes to the rugged Andes Coastline- 4,989 km Natural resources- fertile planes and precious metals Land Use Agricultural land- 53.9% Arable land- 13.9% Permanent crops- 0.4% Permanent pasture- 39.6% Forest- 10.7% Other 35.4%

3. Factors of Production Labor Capital- Farm machinery, hammers, forklifts, conveyer belts, computers, delivery vans, ports, railways, roads, housing, machinery, cattle ranches, sawmills, fruit-processing plants, steel- producing plants, oil refineries, tractors and meat packaging plants.

4. Federal Budget Revenue: $117.2 billion USD Expenditures: $130.5 billion USD Currency: Argentine Peso (1 peso is.10 USD)

5. Products and services Exports: Foodstuffs 21% Vegetable Products 20% Transportation 15% Animal and Vegetable Bi-Products 7.4% Animal Products 7% Mineral Products 7.1% Chemical Products 6.9% Other 15.9% Total 76.3 B Imports: Machines 26% Transportation 22% Mineral Products 15% Chemical Products 13% Plastics and Rubbers 5.7% Metals 5% Other 13.3% Total 73.1B

6. Trade Partners Top Export Destinations 1. Brazil (16.3 b) 2. China (5.57 b) 3. United States (4.43 b) 4. Chile (3.6 b) 5. Venezuela (2.19 b) Top Import Destinations 1. Brazil (19.3 b) 2. China (11.3 b) 3. United States (7.97 b) 4. Germany (3.95 b) 5. Mexico (2.16 b)

7. Trade Organizations Free Trade Area of the Americas (FTAA) Global Systems of Trade Preferences among developing countries (GSTP) Market of the South (MERCOSUR)

8. Infrastructure Roadways 133,870 miles of roads Only 39,492 miles are paved Airports 1,359 total Only 142 have paved runways Railroads 23,816 miles of track Waterways 6,804 of navigable waterways Major ports located on the Atlantic coast The average electricity consumption is 2,955 kwh per capita

9. Health Care Highly trained personnel Private physicians, clinic, hospitals Studied Abroad Modernization Updated equipment Health Care System The public sector Mutual or social plans The private sector Cosmetic Surgery Medical Tourist

10. Education Publicly funded schools Private Schools 1 year of pre-primary school and 9 years of basic (3 year cycles) 136 colleges and universities, 60 private universities, 15 Research Institutions

11. Colonial Influences Spain colonized Argentina in 1573 In July 9 th, 1816 Argentina declared independence from Spain Argentina has not controlled any countries Civil War 1819-1859 (Federalists vs Centralists) It was not until two decades later that the Centralists completed their victory over the federalists

12. We Can Do It 39% women are professional astronomers Good job security Less competitive than the United States Standardized salaries for men and women Still has issues with sexism http://www.wired.com/2015/11/argentina-many-female-astronomers/http://www.wired.com/2015/11/argentina-many-female-astronomers/ (Nov. 12, 2015)

13. Presidential Election and Bonds Revive the nation’s lifeless bond market Banco Hipotecario plans on selling all the bonds between $200 million and $500 million of five-year bonds on November 24, two days after the election http://www.bloomberg.com/news/articles/2015-11-12/in-argentina-betting-on- post-election-rally-before-the-electionhttp://www.bloomberg.com/news/articles/2015-11-12/in-argentina-betting-on- post-election-rally-before-the-election (Nov. 11, 2015)

14. Drug Dealer on the Run Joaquin “El Chapo” Guzman has been located along the country’s southern boarder with Chile http://www.theguardian.com/world/2015/nov/06/argentina-el-chapo-drug-lord- mexicohttp://www.theguardian.com/world/2015/nov/06/argentina-el-chapo-drug-lord- mexico (Nov. 6, 2015)

15. Taxes on Taxes on Taxes Adminisracion Federal de Ingresos Publicos (AFIP) Argentine Tax and Customs Authority is required for all imports as of February 1, 2012 http://www.export.gov/argentina/doingbusinessinargentina/argentinacountryc ommercialguide/traderegulationsandstandards/index.asphttp://www.export.gov/argentina/doingbusinessinargentina/argentinacountryc ommercialguide/traderegulationsandstandards/index.asp (Feb. 1, 2012)

16. Trade Restrictions Import Tariffs 2013, 22% average tariff rate “Harmonized Schedule” used to set tariffs Trade Barriers Customs Code (Law 22,415) In 2006, there was a huge increase in regulation of goods and capital flow No legal prohibition against foreign companies companies repatriating profits Companies in Argentina that want to import must be registered in National Registry of Importers and Exporters

17. Trade Restrictions Trade Barriers National Tax Bureau- Ministry of Economy and Technical Administration- Argentine Customs Bureau MERCOSUR (1991) Common External Tariff (CET) 10.5% or 21% of Value Added Tax (VAT) 6% tax profits on retail Individuals pay 11% 1.5% gross income tax Excise tax on some goods 2% destination/verification fee Local taxes Goods subject to 3% tax on future anticipated profits 60% of retail price for cigarettes

18. Our Plan for Economic Development Narrow down tariffs to commodities and inferior goods By cutting taxes, it helps developing countries to expand This would boost the economy due to the easy access of imports and exports Technology Products