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El Salvador. By Parker McLaughlin. Cities and Languages. The smallest and most densely populated country in Central America. Capital: San Salvador is the largest city followed by Soyapango, and Santa Ana. Official Language: Spanish. Economy and Currency. GDP: $21.1 billion.
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El Salvador By Parker McLaughlin https://www.cia.gov/library/publications/the-world-factbook/geos/es.html
Cities and Languages The smallest and most densely populated country in Central America. Capital: San Salvador is the largest city followed by Soyapango, and Santa Ana. Official Language: Spanish. https://www.cia.gov/library/publications/the-world-factbook/geos/es.html
Economy and Currency • GDP: $21.1 billion. • Primary currency used: U.S Dollar. • Secondary: Salvadorian Colon (SVC). (very little in circulation) • El Salvador switched to the U.S Dollar to increase the ease of world trade. https://www.cia.gov/library/publications/the-world-factbook/geos/es.html
Exports • Main Exports include: • Offshore assembly parts • Coffee • Sugar • Textiles/Apparel • Gold • Ethanol • Iron and Steel https://www.cia.gov/library/publications/the-world-factbook/geos/es.html
Imports • 29% of all Imports come from the United States. • Main Imports include: • Raw materials • Fuel • Foodstuffs • Electricity • A trade (surplus/deficit) is present. • Due to the use of the U.S Dollar, few trade barriers exist. https://www.cia.gov/library/publications/the-world-factbook/geos/es.html
Population and Employment • Population: 6,052,064 (July 2010 Estimate). • Major Occupations of Salvadorians: • Manufacturing • Farming • The major source of income is from exports. • El Salvador is an agricultural and industrial. https://www.cia.gov/library/publications/the-world-factbook/geos/es.html
Corporations • The 3 largest companies based in El Salvador include: • TACA Airlines • CTE (Telecommunications) • Siman Department Stores https://www.cia.gov/library/publications/the-world-factbook/geos/es.html
Political Conditions • Type of government: • Republic. • The political system is stable. • Current Chief of State (serves as president as well): • Mauricio Funes Cartagena https://www.cia.gov/library/publications/the-world-factbook/geos/es.html
Culture and Business Today • Salvadorian business etiquette: • Men and women dress conservatively. • Do not point at others. • Eye contact shows that one has confidence. • Yawning in public is considered rude. • Make appointments at least one month in advance. • Women are not often seen in higher level of business such as manager or supervisor. http://news.yahoo.com/topics/el-salvador
Current Events • Current headlines include: • WikiLeaks: El Salvadorian President Threatened by His own Party. • El Salvadorian Artist begins worldwide exhibition tour. • El Salvador and Cuba? An Alliance Still in the Air • This country is important because it contributes to the United States economy directly, as it uses the US dollar as their currency. It also trades with the United States frequently. • I chose this country because it seemed like an interesting place, that isn’t really spoken about in the news often. http://news.yahoo.com/topics/el-salvador