Question: Based on below table & information, assess the viability and attractiveness of the two proposed markets: Poland or Chile or both. Categories Population Neighboring Countries

Based on below table & information, assess the viability and attractiveness of the two proposed markets: Poland or Chile or both.

Based on below table & information, assess the

Based on below table & information, assess the

Categories Population Neighboring Countries Trade Agreements Income based on GDP GDP per capita Interest Rate Inflation Rate Unemployment Rate Economic Growth Rate Exchange Rate FDI Confidence Index Development Indicator Income per Capita Life Expectancy Mean Years of Schooling Household Debt Poland Chile Geography 38.4 Million 19.5 million Poland borders Germany, the 6,435 km of coastline; borders Czech Republic, Slovakia, the South Pacific Sea; Ukraine, Belarus, Lithuania and Neighboring countries include Russia (the Kaliningrad exclave). Argentina, Bolivia, and Peru Its northern border (440 km long) runs along the Baltic Sea coast. Free-trade agreements with the Chile has signed comprehensive European Free Trade free trade agreements with the Association (EFTA), other US, Canada, the European Central European Free Trade Union, EFTA, South Korea, Agreement (CEFTA) parties as Japan, Central America and well as bilaterally with the Baltic Mexico. In June 2005, it States, Turkey and Israel. finalized a four-way deal with Pacific neighbors Brunei, New Zealand, and Singapore (P-4). In June 2006, it signed an FTA with Panama. Economic Indicators 594.2 billion USD 252.9 billion USD 15,656.18 USD 13,231.70 USD 0.5% 2.75% 3.4% 3.04% 3.2% 7.29% 5.4% 3.49% 1 Poland Zloty is 0.25 USD 1 USD is 813.50 Pesos 1.41 1.6 0.880 0.851 33,220 Dollars 23,980 Dollars 77.86 years 80.18 years 12.5 10.6 60.8% of disposable income 72.7% of disposable income Political Indicators 34 38 48 55 82 93 Free Free 45 25 Unitary parliamentary Representative democratic representative democratic republic republic The Polish public holds very Chile has successfully positive attitudes toward negotiated Free Trade foreign investment. U.S. Agreements with 62 countries Index for Political Rights Index of Civil Liberties Freedom Rating Freedom Status Corruption Perception Index Form of Government Altitude of Government towards international business Product Safety Laws investors represent a wide around the world, notably with range of industry sectors Europe, China, India, and North including automotive, America, among many others. aerospace, information As such, competition is fierce, technology: hardware and and Chile's nearly 19 million software, food products, citizens have excellent access to transportation, the world's products and pharmaceuticals, paper services. This offers a unique production, appliances and opportunity for U.S. exporters financial services. Poland has interested in expanding their also emerged as a favorable businesses in arguably the most location for business processing open and stable market in Latin centers, including call centers, America. Chile continues to shared services centers and pursue market-oriented research and development strategies, expand global operations. Poland is the most commercial ties, and actively populous country in Central participate in international Europe with a consumer market issues and hemispheric free of over 38 million people. The trade. Chile is a member of the country fared better through Pacific Alliance, the Rio Group, the economic downturn than an associate member of most countries in Europe. Mercosur, a full member of Poland has also been ranked by APEC, and a founding member Bloomberg as the best country of the Comprehensive and for doing business in the Central Progressive Trans-Pacific and Eastern European (CEE) Partnership (CP-TPP) and region. UNASUR Legal Framework Type of Legal System The public and private laws of Chile's legal system is civil law Poland are codified. The based. It is primarily based on supreme law in Poland is the the Chilean Civil Code of 1855, Constitution of Poland. Poland derived from Spanish law and is a civil law legal jurisdiction other codes of Continental and has a civil code, the Civil Europe of the 19th century. Code of Poland. The Polish Chilean process provides for a parliament creates legislation very limited judicial review of (law) and is made up of the legislative acts in the 'Senate (upper house) and the Constitutional Court. Sejm (lower house) Enforcement of Property Rights Index of 61. Property rights and Index of 68. Property rights and interests are recognized and interests are recognized and generally enforced in Poland. generally enforced in Chile. There is a recognized and generally reliable system for recording mortgages and other forms of liens. Intellectual Property Rights Several general principles are It cannot be denied, that as it important for effective stands, Chile's intellectual protection of intellectual property rights remains lax, property (IP) rights in Poland. particularly in relation to piracy, First, it is important to have an copyright and patent overall strategy to protect your protection. The main types of IP. Second, IP may be protected intellectual property protection differently in Poland than in the in Chile are the following: United States. Third, rights patents, trademarks, utility must be registered and models, industrial designs, new enforced in Poland under local plant varieties and copyright. In laws. addition, there is also legal protection for microorganisms, undisclosed information in the pharmaceutical and agro- chemical fields), appellations of origin and trade secrets. Polish law provides regulations Consumer Protection Law which specify safety affects relationships between requirements for most vendors and consumers or products, including toys, food, users. It imposes duties on both cosmetics, etc. With regard to parties. The breach of any of other products which are not the duties can result in a fine a covered by such regulations, and damages. The law also e.g. lighters, children cots, imposes a duty to warn about furniture or candles, the Act of certain real or potential risks, 12 December 2003 on general fines for misleading advertising, product safety (Journal of Laws a class action rule with its No. 229 item 2275 as amended) procedure and certification is being applied. criteria, and certain express and implied warranties. Legal consumer relations in Chile are regulated by the Consumer Protection Statutory Law (Law No 19,496), which aims to regulate relationships between suppliers and consumers. Consumers are defined as natural persons or legal entities who, by virtue of any onerous act, acquire, use or enjoy goods or services. Product Liability Laws Polish product liability law is The only types of liability based on Directive 374/85/EEC. acknowledged under Chilean The Directive was implemented legislation are contractual and by the Act of 2 March 2000 on non-contractual liability the protection of certain Product liability law has consumer rights, on product adopted a fault-based liability liability and the amendment of as a rule. This is applicable for

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