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Dominican Republic
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The Dominican Republic, located in the Caribbean region, stands as the largest economy in the Caribbean and Central American region. It is a developing nation which relies highly on natural resources and government services. When it comes to domestic consumption, agriculture is the most significant sector and it also ranks 2nd in terms of export revenues. Main crops of the country include: cotton, cocoa, coffee, tobacco and rice. The Free Trade Zone industry (FTZ) significantly contributes towards the economy of the nation. Trading partners of the country include the United States, Western Union, Japan and Canada. |