Search within this web site:

 
you are here ::

Bahamas, Economy

transshipment, unit of currency, Western Hemisphere, rum, Bahamas

Possessing a pleasant subtropical climate and splendid beaches, the Bahamas are one of the most popular year-round resorts in the Western Hemisphere, visited in 1998 by 1.59 million tourists. Tourism plays a central role in the country’s economy. Because of favorable tax laws, the Bahamas have become an international banking center. Industrial activity is limited; it includes the transshipment and refining of petroleum and the production of steel pipe, pharmaceuticals, salt, rum, and shellfish. The unit of currency is the Bahamian dollar (1 Bahamian dollar equals U.S.$1; 2000 average).



Article key phrases:

transshipment, unit of currency, Western Hemisphere, rum, Bahamas, shellfish, pharmaceuticals, petroleum, salt, Tourism, average, central role

 
 

Search within this web site: