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Tourism alone accounts for more than 60% of GDP and directly and indirectly employs half of the country's labor force. The standard of living in the Bahamas is one of the highest in the Caribbean region.
Manufacturing and agriculture together contribute approximately one tenth of GPD and shows little or no growth. Some export of conch, crayfish, lumber, and pulpwood are sold mainly to the United States. Banking contributes to the fortunes of the Bahamas, with a streamlined, simple corporate setup and operational procedures making it a safe and reliable location for international business.
The Bahamas have a democratic government...
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