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PUERTO RICO

Puerto Rico (Spanish for Rich Port), officially the Commonwealth of Puerto Rico, is
an unincorporated territory of the United Stateslocated in the northeast Caribbean
Sea, approximately 1,000 miles (1,600 km) southeast of Miami, Florida. Located
between the Dominican Republic and the US Virgin Islands, Puerto Rico includes the
eponymous main island and several smaller islands, such as Mona, Culebra, and
Vieques. The capital and most populous city is San Juan. The territory's total
population is approximately 3.4 million. Spanish and English are the official
languages of the executive branch of government, though Spanish predominates

ECONOMIC POLICY OF PUERTO RICO

The economy of Puerto Rico is mainly driven by manufacturing, primarily


pharmaceuticals, textiles, petrochemicals, and electronics; followed by the
service industry, primarily finance, insurance, real estate, and tourism. The
economy of Puerto Rico is classified as a high income economy by the World Bank
and as the most competitive economy in Latin America by the World Economic
Forum, but Puerto Rico currently has a public debt of $72.204 billion (equivalent to
103% of GNP), and a government deficit of $2.5 billion.

FOREIGN POLICY OF PUERTO RICO

The foreign and intergovernmental relations of Puerto Rico are governed by the
Commerce and Territorial Clause of the Constitution of the United States. Because of
this, they are subject to the plenary powers of Congress. Nonetheless, Puerto Rico
has established relations with foreign nations, particularly with Hispanic American
countries such as Colombia and Panamá. The establishment of such relations,
however, requires permission from the U.S. Department of State or Congress itself.[a]
Still, most relations are already set by existent laws or trade agreements established
beforehand by the United States that supersede the relation pursued by Puerto Rico.
ARGENTINA
Argentina, officially the Argentine Republic, is a country located mostly in the
southern half of South America. Sharing the bulk of the Southern Cone with Chile to
the west, the country is also bordered by Boliviaand Paraguay to the north, Brazil to
the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake
Passage to the south. With a mainland area of 2,780,400 km 2 (1,073,500 sq mi),
Argentina is the eighth-largest country in the world, the fourth largest in the Americas,
and the largest Spanish-speaking nation.

ECONOMIC POLICY OF ARGENTINA

Benefiting from rich natural resources, a highly literate population, a diversified


industrial base, and an export-oriented agricultural sector, the economy of Argentina
is Latin America's third-largest, [176] and the second largest in South America. It has a
"very high" rating on the Human Development Index and a relatively high GDP per
capita, with a considerable internal marketsize and a growing share of the high-tech
sector. Historically, however, its economic performance has been very uneven, with
high economic growth alternating with severe recessions, income maldistribution and
—in the recent decades—increasing poverty.

FOREIGN POLICY OF ARGENTINA

Most of the Argentine public do not care that much about foreign
affairs.Argentina's foreign policy priorities are focused on increasing
regional partnerships, including consolidating and expanding the
MERCOSUR regional trade bloc and more deeply institutionalizing the
Union of South American Nations (UNASUR).

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