Costa Rica Research Paper

Costa Rica is a country in Central America bordered by the Pacific Ocean and the Caribbean Sea. Adjacent countries include Nicaragua and Panama. Costa Rica has coastal plains divided by rugged highlands including over 100 volcanic cones, of which several are major volcanoes. Costa Rica has a mixed economic system which includes a variety of remote freedom, combined with centralized economic development and government regulation. The country is a democratic republic which means the president of Costa Rica is the both chief of state and head of the entire government. The country is very economical in a vast amount of ways that truly stands out among other nations around the world. Costa Rica is known all around the world for its exports due to

Without such great tools for a country it’s hard to sculpt the lasting impression for growing nations including the small Central American country of Costa Rica.

The country of Costa Rica has a vast amount of exports that helps the country’s economy strive in the 21st century. Based on statistics from the International Monetary Fund’s World Economic Outlook Database, “Costa Rica’s total Gross Domestic Product amounted to $79.26 billion in 2016 (on a purchasing power parity basis). Therefore, exports accounted for about 12.5% of total Costa Rican economic output.” The country’s major exports include the following: Coffee, tea, spices, bananas, vegetable/fruit/nut preparations, optical, technical, medical apparatus, and miscellaneous food preparations. All the exports

Costa Rica contributes less than 1% of the world’s coffee production, yet it has a strong reputation for producing relatively good, if often mild quality. One way that Costa Rica has hoped to differentiate itself among coffee-growing nations is through the diversity of profiles in its growing regions, despite the country’s relatively small geographical size. The country has found that this one export has changed their country in so many vast ways. Sun-grown coffee plantations are an economically driving force in Costa Rica. The country is dependent upon income received from coffee exports. Increased output is demanded by the increasing consumption of those in industrial nations. Such a global demand puts pressure on coffee-producing countries like Costa Rica to increase yield and boost exports. Sun-grown coffee plantations allow for these increases, increases that strengthen the economy and establish a competitive position for Costa Rica in global market transactions all around the world. For much of Costa Rica’s early history coffee was the leading export. The formation of such massive corporations as