352&(',0,(172 '( &21),50$&,Ï1 '(/ '7&
$'9(57(1&,$
&XDQGR HIHFW~H XQD SUXHED GH FDUUHWHUD HOLMD XQ OXJDU GRQGH QR KD\D WUiILFR R ULHVJR GH DFFLGHQWHV GH
WUiILFR \ DFW~H FRQ PXFKR FXLGDGR SDUD DVt HYLWDU FXDOTXLHU DFFLGHQWH
/D SUXHED GH FDUUHWHUD GHEH VHU HIHFWXDGD HQ XQD FDUUHWHUD SODQD KRUL]RQWDO SRU SHUVRQDV XQ FRQ
GXFWRU \ XQ HQFDUJDGR GH OD SUXHED
&RQHFWH HO LQVWUXPHQWR GH H[SORUDFLyQ VL GLVSRQLEOH DO '/& FRQ HO LQWHUUXSWRU GH HQFHQGLGR FRORFDGR HQ OD SRVL
FLyQ 2))
8WLOL]DQGR HO LQVWUXPHQWR GH H[SORUDFLyQ ERUUH HQ OD PHPRULD GHO 3&0 ORV '7& ORV '7& SHQGLHQWHV \ ORV GDWRV
GH LPDJHQ FRQJHODGD
+DJD DUUDQFDU HO PRWRU FDOLHQWH HO PRWRU KDVWD OD WHPSHUDWXUD QRUPDO GH IXQFLRQDPLHQWR \ FDPELH OD SDODQFD
VHOHFWRUD D OD SRVLFLyQ ³+´ y ³+´
&RORTXH OD SDODQFD VHOHFWRUD HQ OD SRVLFLyQ ' \ PDQWpQJDOD HQ HVD SRVLFLyQ GXUDQWH VHJXQGRV
$XPHQWH OD YHORFLGDG GHO YHKtFXOR KDVWD XQRV NPK HQ HO HQJUDQDMH GH \ HQ OD SRVLFLyQ '
&RQGX]FD HO YHKtFXOR D HVWD YHORFLGDG GXUDQWH VHJXQGRV
6XHOWH HO SHGDO GHO DFHOHUDGRU GLVPLQX\D OD YHORFLGDG GHO YHKtFXOR \ GHWHQJD HO YHKtFXOR
&RPSUXHEH '7& \R '7& SHQGLHQWHV
/2&$/,=$&,Ï1 < 5(3$5$&,Ï1 '( $9(5Ë$6
3DVR
¢6H DSOLFy OD ³7$%/$ '( )/8-2 '( ',$*1Ï6
7,&2 '( /$ $7´"
&RPSUXHEH VL KD\ FRUWRFLUFXLWR HQ HO FLUFXLWR GH OD
YiOYXOD VROHQRLGH GH 7&&
&RORTXH HO LQWHUUXSWRU GH HQFHQGLGR HQ OD
SRVLFLyQ 2)) \ GHVFRQHFWH ORV FRQHFWRUHV GHO
PyGXOR GH 3&0
&RPSUXHEH HO HVWDGR GH OD FRQH[LyQ DO
PyGXOR GH 3&0 HQ HO WHUPLQDO &
6L ODV FRQH[LRQHV HVWiQ FRQIRUPHV FRORTXH HO
LQWHUUXSWRU GH HQFHQGLGR HQ OD SRVLFLyQ 21 \
PLGD OD WHQVLyQ HQWUH HO WHUPLQDO & GHO
FRQHFWRU GHVFRQHFWDGR GHO 3&0 \ PDVD
¢(V OD WHQVLyQ DSUR[LPDGDPHQWH 9"
&RPSUXHEH VL HO FLUFXLWR GH OD YiOYXOD VROHQRLGH
GH 7&& HVWi DELHUWR R FRUWRFLUFXLWDGR
&RORTXH HO LQWHUUXSWRU GH HQFHQGLGR HQ OD
SRVLFLyQ 2))
0LGD OD UHVLVWHQFLD HQWUH HO WHUPLQDO &
GHO FRQHFWRU GHO PyGXOR GH 3&0 \ OD PDVD
¢(V HO YDORU GH OD UHVLVWHQFLD PHGLGD Ω D
&"
2SHUDFLyQ
75$160,6,Ï1 $8720È7,&$ $7 %
6t
9D\D DO SDVR
9D\D DO SDVR
'HVSHUIHFWR LQWHUPLWHQWH R
PyGXOR GH 3&0 GHIHF
WXRVR
&RPSUXHEH HO GHVSHUIHFWR
LQWHUPLWHQWH 5HILpUDVH D
³0$/ )81&,21$0,(172
,17(50,7(17( <
&21(;,Ï1 0$/$´ HQ OD
VHFFLyQ $
1R
9D\D D OD ³7$%/$ '(
)/8-2 '( ',$*1Ï6
7,&2 '( /$ $7´ HQ HVWD
VHFFLyQ
&LUFXLWR ´*51<(/´ FRUWR
FLUFXLWDGR DO FLUFXLWR GH DOL
PHQWDFLyQ HOpFWULFD
&LUFXLWR ³*51<(/´ DELHUWR
R FRUWRFLUFXLWDGR D PDVD
6L ORV FDEOHV \ ODV FRQH[LR
QHV HVWiQ FRQIRUPHV
UHHPSODFH OD YiOYXOD VROH
QRLGH GH 7&&