Introduction Of International Business With Spain

Hallee Kroeker Ms. Nelson Introduction to International Business Cultures 26 April 2017 International Business with Spain Understanding the economic topics of Spain is important in deciding whether you should conduct international business with the country. The first topic to look at to look at could be the statistics on population in Spain. The country has a promising growth rate of .81% and it increasing yearly. An increasing growth rate is important in dealing business because it helps outside countries know what kind of jobs or infrastructure needs to be redone. In 2014, the reported number of live births per woman was 1.27. The majorities of the population in both male and female are between the ages of 30-50 years old, which makes†¦show more content†¦The geology is full of these resources and that makes it very attractive to foreign investors. This is a great country to invest in the mineral industry. Transportation, much like other developed countries, includes trains, cars, buses, and planes. If you’re planning to visit for business, be advised of what Spain’s modes of transportation is. Planes are used mostly to travel from city to city; buses offer better schedules and destinations; trains are more convenient and comfortable and are among the best systems in all of Europe. Along with the advances in transportation technology, Spain is also catching up with postindustrial countries in communication systems. These include internet users (38 million), mobile cellular telephone users (51 million) and telephone fixed lines (9 million) reported in 2017. When it comes to Spain and the working conditions, it is among the best in taking care of its employees in the world. The law states that the most a full-time employee can work is 40 hours a week. Full-time employees must be entitled to 22 days of paid holidays yearly, and receive 14 more days of holidays that aren’t included in the paid holidays. Unemployment benefits depend on how much said person has given in the past one hundred and eighty days to Social Secur ity prior to being unemployed. 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