2 years ago

Why would the U.S. import bananas from Honduras instead of growing them in the U.S.?

1 answer:

5 0

Answer: The U.S. banana companies were never allowed ownership of the large acreage that they farmed in Honduras, since such land’s ownership was prohibited ownership to foreigners. They did have a long term arrangement for use of the land for growing/exporting bananas, but each box of bananas exported was taxed $1.00 or more.

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