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:
“Some time ago a publisher told me that there are four kinds of books that seldom, if ever, lose money in the United States—first, murder stories; secondly, novels in which the heroine is forcibly overcome by the hero; thirdly, volumes on spiritualism, occultism and other such claptrap, and fourthly, books on Lincoln.”
—H.L. (Henry Lewis)
“The United States is the only great nation whose government is operated without a budget. The fact is to be the more striking when it is considered that budgets and budget procedures are the outgrowth of democratic doctrines and have an important part in developing the modern constitutional rights.... The constitutional purpose of a budget is to make government responsive to public opinion and responsible for its acts.”
—William Howard Taft (1857–1930)
“Courage, then, for the end draws near! A few more years of persistent, faithful work and the women of the United States will be recognized as the legal equals of men.”
—Mary A. Livermore (1821–1905)