Nicaragua remains the second-poorest nation in the hemisphere with a per capita GDP of less than $500--below where it stood before the Sandinista takeover in 1979. ... Rapid expansion of the tourist industry has made it the nation's third-largest source of foreign exchange. ... The amount of goods or service a nation will export or import depends on differences between the equilibrium world price and the equilibrium domestic price. The exchange is the rate at which the currency of one nation can be exchanged for the currency of another nation. ... There was a significant growth in...

• Word Count: 4098
• Approx Pages: 16
• Has Bibliography
• Grade Level: High School