Linkages To United States
As with most Latin American countries, Honduras's economy is closely tied to the United States. The United States is Honduras's primary trading partner and the source of about two-thirds of the country's foreign direct investment (2009 information ). United States multinationals Dole and Chiquita control a large portion of Honduras's agricultural exports. Hondurans working in the U.S. send more than US$2 billion each year to their families in Honduras; these remittances account for 28.2% of Honduras's GDP (2007 information
).
Read more about this topic: Economy Of Honduras
Famous quotes containing the words united states, united and/or states:
“Europe and the U.K. are yesterday’s world. Tomorrow is in the United States.”
—R.W. “Tiny” Rowland (b. 1917)
“When, in some obscure country town, the farmers come together to a special town meeting, to express their opinion on some subject which is vexing to the land, that, I think, is the true Congress, and the most respectable one that is ever assembled in the United States.”
—Henry David Thoreau (1817–1862)
“An ... important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality. Superficial observers have long criticized the United States for making a fetish of youth. This is unfair. Uniquely among modern organs of public and private administration, its national legislature rewards senility.”
—John Kenneth Galbraith (b. 1908)