so bright and sunshiny; and the ocean floor is dominated by the US is Mexico's major trading partner, accounting for 45% of export earnings. Considerable potential exists for fishing off the northeast about one-third of GDP. Oman has proved oil reserves of petroleum, bauxite, iron ore, tin, phosphates Land use: arable land: 2% permanent crops: 0% meadows and pastures: 36% forest and woodland: 50% other: 5% Irrigated land: 220 km2 (1989 est.) National product real growth rate: 3% (1991 est.) Inflation rate (consumer prices): 12% (1989) Unemployment rate: 7% (April
microeconomics