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:
“An alliance is like a chain. It is not made stronger by adding weak links to it. A great power like the United States gains no advantage and it loses prestige by offering, indeed peddling, its alliances to all and sundry. An alliance should be hard diplomatic currency, valuable and hard to get, and not inflationary paper from the mimeograph machine in the State Department.”
—Walter Lippmann (1889–1974)
“We now in the United States have more security guards for the rich than we have police services for the poor districts. If you’re looking for personal security, far better to move to the suburbs than to pay taxes in New York.”
—John Kenneth Galbraith (b. 1908)
“On 16 September 1985, when the Commerce Department announced that the United States had become a debtor nation, the American Empire died.”
—Gore Vidal (b. 1925)