In 2 to 3 paragraphs explain how this would be useful for a manager to know for conducting business in Argentina.

There are two major issues that US companies must know that shape the business conduct in Argentina. The first issue has to deal with the labor policies and practices of Argentina Argentine employees are among Latin America's most educated and skiled Argentina's competent workforce is frequently cited by foreign investors as a crucial reason for their choice to invest in the country. Argentina, on the other hand, has comparsively high social security health and other labor taxes, and high tabor expenses are one of the most often mentioned operational Obstacles by internasional nvestors. According to official figures. The unemployment rate in the fourth quarter of 2019 was 8.9%. According to the goverment unemployment among employees under the age of 29 is almost double that of the general population Argentina's Labor laws are comparatively protective of employees and investors point to labor-related litigation as a significant driver driving up labor expenses. There are no specific restrictions or comption from standard labor law for foreign trade. In bom labor management relations and Argentine politics, organized tabor plays a significant role. When tensions arise between management and labor unions, negotiations between unions and industry are generally independent. However, the Ministry of Labor frequently acts as a mediator collective bargaining agreements are adfied by the Ministry of Labor. In the event of a labor dispute. Argentine law allows to mediation and arbitration (State gov 2020) The second problem that shapes business conduct that US companies should know that there are restrictions on foreign investment. There are several industries that the Argentine government has put limits on the amount of ownership of some industries which foreign companies can own. The first industry that is heavily restricted on foreign investment in commercial passenger transportation, the Aviation According to the Aeronautic Code Law The foreign ownership of enterprises that provide commercial passenger transportation inside Argentina's borders is restricted to 49 percent. The corporation must be registered in Argentina and have its headquarters in Buenos Aires. The second industry that is heavily restricted on foreign investment in the media and broadcasting sector in Argentina, there is a law that establishes restrictions on foreign ownership in television, radio, newspapers journals magazines, and publishing companies to 30 percent. The third industry that is heavily restricted on foreign investment is the purchase of lands. There is a bow under the Regime for Protection of National Doman over Ownership. Possession, Tenure of Rural Land, which says that a foreigner cannot purchase and that allows for the extension of existing bodies of water or that are located near a Border Security Zone from the government in regards to rural and there is a low hat establishes that both foreign individuals or foreign companies cannot own land that incorporates or is located by permanent and essential bodies of water must not be owned by more than 15 percent of the total rural land in any Argentine province or municipality. Ownership is limited to a maximum of 30% of national land and 15% of productive land. In the most productive farming areas, foreign individuals or companies are limited to owning 1,000 hectares (2,470 acres) (State.gov, 2020)