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Economic geography (Description (Its official currency is the Balboa,…
Economic geography
Description
Its official currency is the Balboa, which is equivalent to the dollar that circulates legally throughout its territory since (1904).
The majority of the population is of Creole mestizo origin (descendant of indigenous and Spanish), although there is a great ethnic diversity.
Panama's economic policy is based on the tertiary sector, being one of the first countries to use this policy.
The fertility rate is among the lowest in Central America, with an average of 2.7 children per woman.
Transport
The transfer from Tocumen International Airport to the center of Panama City can be done using the Tourist Transportation Service that offers you two rates: a special
$ 20.00 per person with a maximum of two passengers and a collective of $ 24.00 with a maximum of three people.
Local transport has a system of bus routes and taxis that circulate throughout the capital. Taxi fares vary depending on the area you want to move to and does not exceed $ 2.00.
The international transport is excellent because to Panama arrive the main air navigation routes of the world.
The rest of the country can travel on the Pan-American Highway from Panama City to the border with Costa Rica, speed limits should not exceed 90km / h, in populated areas the speed should be reduced.
Imports
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In relation to imports, the area of the Municipality of Panama is highly significant because of the concentration of the economy and the patterns of consumption of goods imported from the capital society
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Turismo
Panamanian waters harbor a diversity of possibilities for diving that are almost unknown to many lovers of this fascinating activity.
The Caribbean offers in its countless coral reefs, incredible landscapes of fauna and underwater flora.
The institution in charge of presenting the best of our country, reflected in the culture, customs, handicrafts, folklore and our beautiful fauna and flora with which we have today is: Panamanian Institute of Tourism (IPAT)
sinews
The word "Panama" has pre-Columbian origins and means "abundance of fish, butterflies and birds".
More species of birds live in Panama than in all of North America and Canada together. In addition, of the migratory birds we have about 954 species of birds.
The country has world-class natural attractions such as beaches, lakes, two coasts, jungles and moist and tropical forests replete with all kinds of aquatic and land wildlife.
A short distance from the coast, there are hundreds of islands and thousands of protected coral reefs. The beautiful beaches offer the opportunity to practice sports like snorkeling, diving and swimming.
Exports
Exports have as main markets the countries that are members of the North American Free Trade Agreement, the European Union and, to a lesser extent, the countries of Asia.
Certain international investors are evaluating the possibilities of exporting from Panama in the assembly and distribution of buses and agricultural equipment, as well as in beer exports.