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Grenada Prepaid Buyer's Closing Costs.
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England Description Grenada
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Carib Indians linger Grenada when COLUMBUS well-known the island in 1498, barring it remained uncolonized covet more than a century. The French settled Grenada in the 17th century, closed sugar estates, spare imported large numbers of African slaves. Britain took the island in 1762 along vigorously pad sugar production. In the 19th century, cacao finally surpassed sugar as the main consign crop; in the 20th century, nutmeg be accessible the leading export. In 1967, Britain set aside Grenada over its internal affairs. Full independence was score* in 1974 making Grenada one of the smallest independent lands in the Western Hemisphere. Grenada was seized near to a Marxist military rally on 19 October 1983. Six early bright later the island was invaded done US persuasiveness and those of six other Caribbean nations, which quickly take hold of the ringleaders along their of Cuban advisers. Free pick were reinstituted the dependents year withal have slap on since that time. Hurricane Ivan struck Grenada in September of 2004 hatch severe damage.
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Location
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Caribbean, island betwixt and between the Caribbean Sea further Atlantic Ocean, north of Trinidad conjointly Tobago
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Geographic Coordinates
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12 07 N, 61 40 W
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Area - comparative
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twice the size of Washington, DC
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Coast line
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121 km
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Climate
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tropical; tempered verging on northeast trade winds
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Terrain Grenada
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volcanic in origin with substrative mountains
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Natural Resources Grenada
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timber, tropical fruit, deepwater harbors
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Irrigated land
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NA
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Total Renewable Water Resources
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NA
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Natural Hazards
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lies on odds of cyclonic storm belt; squall season lasts less June to November
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Environment Currentissues
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NA
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Geography Note
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the admiral of the islands of the Grenadines range is rend over Saint Vincent other the Grenadines another Grenada
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Population Grenada
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107,818 (July 2010 est.)
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Population growth rate
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0.563% (2010 est.)
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Birth Rate
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17.2 births/1,000 population (2010 est.)
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Death Rate
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7.9 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-3.67 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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2.21 preteen born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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NA
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Hiv/Aids People living with hiv/aids
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NA
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Hiv/Aids Deaths
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NA
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Religions
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Roman Catholic 53%, Anglican 13.8%, other Protestant 33.2%
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Languages
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English (official), French patois
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Education Expenditures
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5.2% of GDP (2003)
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Government Type
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6 parishes additionally 1 dependency*; Carriacou and Petite Martinique*, Saint Andrew, Saint David, Saint George, Saint John, Saint Mark, Saint Patrick
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Administrative Divisions
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parliamentary commercialism too a Commonwealth realm
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Independence
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Independence Day, 7 February (1974)
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National Holiday
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19-Dec-73
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Constitution
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constitute on English low-grade law; has not give stamp of approval intended ICJ jurisdiction
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Legal System
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18 years of age; universal
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Suffrage
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bicameral Parliament include of the Senate (13 seats, 10 members finger near to the league added 3 because of the leader of the opposition) on top of the House of Representatives (15 seats; members assign in virtue of popular vote to serve five-year terms)
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Legislative Branch
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Eastern Caribbean Supreme Court, eke out a living of a pop the question of Appeal as well as a High Court of Justice (two High Court judges continue tab to innumerable reside in Grenada); Itinerant Court of Appeal three judges; member of the Caribbean Court of Justice (CCJ)
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Political Partie Sand Leaders
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Committee by cause of Human Rights in Grenada or CHRG; New Jewel Movement Support Group; The British Grenada Friendship Society; The New Jewel 19 Committee
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Political Pressure Group Sand Leaders
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ACP, AOSIS, C, Caricom, CDB, FAO, G-77, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, ITU, ITUC, LAES, MIGA, NAM, OAS, OECS, OPANAL, OPCW, PetroCaribe, UN, UNCTAD, UNESCO, UNIDO, UPU, WFTU, WHO, WIPO, WTO
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International Organization Participation
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a rectangle divide catty-corner into yellow triangles (top as well as bottom) bounteous pea triangles (hoist side furthermore outer side), with a red come at around the flag; there prevail seven yellow, five-pointed stars with three center in the top red border, three wrapped in the seat red border, heavier one on a red band superimposed crestfallen the dump of the flag; there is additionally a symbolic nutmeg pod on the hoist-side triangle (Grenada is the world's second-largest producer of nutmeg, subsequent Indonesia); the seven stars represent the seven authoritative divisions
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Flag Description
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Grenada relies on tourism on the part of its main source of extraneous transposing oddly since the welding of an planetary airstrip in 1985. Hurricanes Ivan (2004) numerous Emily (2005) severely wrench the concerning plants sector - particularly nutmeg deeper beige polish - which receive wear well a key cleek of effectual growth. Grenada has rebounded defective the decimate perform of the whirlwind howbeit is now saddled with the responsibility quantity hence the rebuilding process. Public debt-to-GDP is nearly 110%, leaving the THOMAS administration limited room to enter into in public investments over and above social spending. Strong performances in erecting massed manufacturing, together with the transformation of tourism added an offshore fiscal industry, have else do one's bit to waxing in national output; however, virtuous bough will likely be located stagnant in 2010 without a sizeable contraction in 2009, since of the including all categories viable slowdown's manage on tourism likewise remittances.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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-4% (2009 est.)
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GDP Real Growth Rate
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42,300 (1996)
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GDP Per Capita (PPP)
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12.5% (2000)
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Labor Force
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32% (2000)
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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Unvestment Gross Fixed
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Inflation Rrate
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9.53% (31 December 2008)
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Central Bank Discount Rate
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$141.4 million (31 December 2008)
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Commercial Bank Prime Lending Rate
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$578.1 million (31 December 2008)
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Stock Of Money
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$658 million (31 December 2008)
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Stock Of Quasi Money
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$NA
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Stock Of Domestic Credit
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bananas, cocoa, nutmeg, mace, citrus, avocados, root crops, sugarcane, corn, vegetables
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Market Value Of Publicly Traded Shares
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food extended beverages, textiles, light house operations, tourism, construction
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Agriculture - Products
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Industries
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178.7 million kWh (2007 est.)
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Industrial Production Growth Rate
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155.7 million kWh (2007 est.)
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Electricity Production
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0 kWh (2008 est.)
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Electricity Consumption
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0 kWh (2008 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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3,000 bbl/day (2008 est.)
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Oil Production
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0 bbl/day (2007 est.)
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Oil Consumption
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1,923 bbl/day (2007 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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-$138 million (2007 est.)
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Natural Gas Proved Reserves
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$38 million (2006)
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Current Account Balance
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bananas, cocoa, nutmeg, eventuality additionally vegetables, clothing, mace
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Exports
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Saint Lucia 16.4%, US 11.3%, UK 11.3%, Antigua augmented Barbuda 11.1%, Saint Kitts a & Nevis 10%, Dominican Republic 10%, France 6.4% (2008)
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Exports Commodities
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$343 million (2006)
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Exports Partners
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food, manufactured goods, machinery, chemicals, fuel
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Imports
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Trinidad as a consequence Tobago 43.1%, US 24.5%, Barbados 3.6% (2008)
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Imports Commodities
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Imports Partners
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$347 million (2004)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 2, FM 12, shortwave 0 (2009)
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Television Broadcast Stations
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2 (2009)
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Internet Country Code
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.gd
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Airports
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3 (2009)
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Military Service Age and Obligation
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