Argentina Economy

Argentina Economy Benefiting from natural resources, Argentina’s economy was founded on 19th century’s meat and leather industry. Beef was preserved in water, then canned and sold as corned beef. Since the invention of refrigeration, the country has exported massive quantities of fresh and frozen meat. From the foothills of the Andes are citrus orchards, vineyards and olive groves. Agriculture produces about three-fourths of Argentina’s export, but the country also manufactures televisions, aircrafts, electrical goods, textiles, leather products and cars. Agriculture serves up to 9% of the country’s GDP. Argentina is one world’s major aricultural producers and ranking in the top producers of : exporting of beef,citrus fruits, grapes, hone

Beverages are another significant sector, and Argentina has long been among the top five wine producing countries in the world; beer overtook wine production in 2000, and today leads by nearly two billion liters a year to one.

Argentina government

The Argentine Republic is a federal constitutional republic and a representative democracy. The government is regulated by separation of powers defined by the Constitution of Argentina. The seat of government is located in Buenos Aires, the capital city.

The federal government of Argentina is divided into three branches: Legislative , Executive , and Judicial.

The president of Argentina is the head of state, chief- executive of the federal government, and the commander-in-chief of the Argentine Armed Forces. Formally, the president is given the power over the administration to follow through with interests of the nation. The current head of state is President Mauricio Macri.

The legislative branch is a bicameral congress. The Congresso Nacional or the National Congress constitutes the legislative branch. It consists of :

• Senate – 72 seats, headed by the vice president of the

The chamber of deputies holds exclusive rights to levy taxes, draft troops, and to excuse the president, cabinet ministers, and members of the supreme court before the senate. The general auditing office and the ombudsman are also part of this branch.

The Judiciary Branch is composed of federal judges and others with different jurisdictions, and a Supreme Court with nine members (one President, one Vice-President and seven Ministers). The members of the supreme court are appointed by the president with the agreement of at least two thirds of the present senate members, who may be deposed by Congress. As of December 2015 there are six vacancies, which then President Kirchner stated she did not intend to fill. The supreme court is the highest court of law and functions as a last resort tribunal, its rulings cannot be appealed. It also decides on cases dealing with the interpretation of the constitution. A member of the supreme court holds office for