StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Doing Business in Martinique - Essay Example

Cite this document
Summary
The island is located about 7,000 km from the metropolitan France and has a population size of about 339,000. Since 1946, Martinique has been annexed to be an official part of…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.3% of users find it useful
Doing Business in Martinique
Read Text Preview

Extract of sample "Doing Business in Martinique"

Download file to see previous pages

Under the CARIFORUM-EPA agreement countries like Jamaica that are English speaking Caribbean countries have the opportunity to carry out trade in goods and services with the French overseas territories like Martinique as well as other countries like French Guiana and Guadeloupe. Doing business in Martinique can be a good opportunity for the investors due to the cultural, economic, social and political factors that favor the development of business in Martinique. For instance, the main exports from Jamaica to the Martinique are food products like shrimps, lobsters, and crustaceans.

Therefore, there remains room for the diversification of the goods and the expansion of the services. France is the main trading partner with Martinique but still there remains a vast untapped opportunity for Martinique due to the relatively lower prices. If an investor is considering entering in the service sector (service exporters), he or she should take a keen interest in a multitude of factors such as language, and the entry requirements. However, in terms of the entry requirements, they are similar to those of France especially when you are considering the service sector (businessmonitor.com, n.d.). For instance, Sam Kruiner, an Advisor at the Caribbean Export Development Agency (CEDA) during a presentation shared the information on support of CEDA, which has encouraged investors and countries to trade in Martinique.

The agency carries activities such as workshops, seminars and studies and the development of the Creative Industries and Sports Tourism in collaboration with Martinique in order to promote business (Worldtravelguide.net, n.d.). The national currency of Martinique is Euros and its balance of payments as at 2006, exports US$ 818 million and imports US$ 3,483 million. The agriculture contributes 6%, services 72% and industry 15%. The inflation rate as of 2005 was 2.4%. Martinique’s economy is characterized by chronic balance

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Doing Business in Martinique Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Doing Business in Martinique Essay Example | Topics and Well Written Essays - 1000 words. Retrieved from https://studentshare.org/business/1661766-doing-business-in-martinique
(Doing Business in Martinique Essay Example | Topics and Well Written Essays - 1000 Words)
Doing Business in Martinique Essay Example | Topics and Well Written Essays - 1000 Words. https://studentshare.org/business/1661766-doing-business-in-martinique.
“Doing Business in Martinique Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.org/business/1661766-doing-business-in-martinique.
  • Cited: 0 times

CHECK THESE SAMPLES OF Doing Business in Martinique

Cultural Conundrums: Gender, Race, Nation, and the Making of Caribbean Cultural Politics

A CRITICISM TO FANON Frantz Fanon was born in martinique which is an overseas region of France.... The French colonized martinique in 1695.... martinique has been featured in movies and considered as one of a traveller's getaway havens with its location in the Caribbean.... Since being colonized by the French, the people of martinique looked as the minority in their own land.... Locals of martinique did not have any place in government and were just slaves and workers for the French colonizers (Macey, 2002)....
13 Pages (3250 words) Essay

A Comparative Analysis Of The Formation Of Standard French And Standard Italian

hellip; Standard French is also the language of dictionaries, higher education, the press, television and radio broadcasting in addition to government and business-related communication.... This essay "A Comparative Analysis Of The Formation Of Standard French And Standard Italian" claims that in  France, Standard French is based on the pronunciation and vocabulary used in the formal registers of the French of Metropolitan France, dominated by Paris and called "Parisian French" while not taking into account the multiple other registers used daily in the nation's capital....
11 Pages (2750 words) Essay

Ethics Law and Change Management

pple and Google have run into not only ethical but legal issues over the years they have done business.... This is the country that will have all of the things that it needs including excellent business relations.... A company's code of ethics covers many but not all of the practices that are involved in that business.... business as well as the legal system in France and the change often related to the globalization of a company....
13 Pages (3250 words) Case Study

Contemporary Issues in Auditing - Carter and Corbin

We will audit the Corporation's balance sheet as of December 31, 2008 and the related Income Statement, and Statement of Cash Flows for the year then ended.... The financial statements are the responsibility of management.... Our responsibility is to express an opinion on the financial statements based on our audit....
11 Pages (2750 words) Assignment

Suppressive Aspects of Colonialism

Fanon was born in the French colony of martinique, French Antilles in the Caribbean.... The paper 'Suppressive Aspects of Colonialism' presents the decline and practical demise of the colonial world that began in the 1940s and was substantially over by the 1960s.... But by then, the Anglo-Saxon races of the UK and Europe had ruled most parts of Asia, Africa and Latin America....
9 Pages (2250 words) Term Paper

Yacht Transporting Company Market Analysis

homas (US Virgin Islands), free ports Bahamas and martinique in the Caribbean.... The main objective of this business is to provide a smooth and an efficient way of transporting private yachts globally to 8 destinations sailing through the Mediterranean and Caribbean Sea.... owever the current recession has paced down the business but the demand has not died.... Companies are expanding their business offering delivery to new destinations with guaranteed security of yachts....
10 Pages (2500 words) Essay

Conflict Theory

After reading Chapter 5 of Kozol's Fire in the Ashes, use conflict theory; explain how the social and political environment may have influenced Alice Washington's life.... How might her well-being and care have been different had she come from a middle or upper class… Conflict theory can be described as people in a society are distributed in groups based on social order and this social order is governed and enforced by those having power....
4 Pages (1000 words) Assignment

Disclosure of Fair Value Information

This paper provides an insight into how fair value information is treated under the UK context The manner in which businesses are run in the UK markets is monitored and controlled through policies that touch on ethical business relationships, fair representation of financial statements, and fair valuation of company's worth.... While corporate operations are regulated in order to attain an ethical business environment, various other regulations are conducted to ensure that financial and accounting approaches of the business are transparent to attract genuine interest from investors and other stakeholders (Martinière, 2007)....
11 Pages (2750 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us