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Portugal

uled to Porto, Faro, Santa Maria (Azores), So Miguel (Azores), and Funchal (Madeira). The telecommunication field generally has adequate facilities. Domestically it’s an integrated network of coaxial cables, open wire, microwave radio relay, and domestic satellite earth stations. There are also many radio stations. There are 47 AM stations and 172 FM stations plus 2 SW stations. There are 36 television broadcast stations. There are also 20 Internet Service Providers(ISPs). The Gross Domestic Product is the purchasing power equivalent. It’s estimated at US$151.4 billion in 1999 (US$15,300 per capita). Agriculture made up 4 percent of GDP and employed about 10 percent of labor force in 1999. There are small farms in north, and larger farms in the south. Portugal imports more than half of its food needs. The major crops grown in Portugal are grain, potatoes, olives, and grapes. The important livestock is cattle, sheep, goats, poultry, beef, and dairy products mostly in the north. The industry in Portugal is 36 percent of the GDP in 1999. The industry in Portugal is based on a couple of products. Those products are textiles, footwear, wood pulp, paper, cork, metalworking, oil refining, chemicals, fish canning, and wine. Ownership of these industries varies. Light industry is usually privately owned. Heavy industry though is often state owned. And high technology manufacturing is often foreign owned. Services in Portugal account for 60 percent of GDP in 1999. The services in Portugal account for 60 percent of work force. Tourism is an important component of the service sector. Portugal had over 20 million visitors in 1999. Another important part of the Portuguese economy is imports and exports. In 1999 Portugal imported mostly manufactured goods such as machinery, transport equipment, chemicals, petroleum, textiles, and agricultural products. Merchandise imports accounted for about 75 percent of all imports, food and beverages...

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