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> In political science, the term banana republic describes a politically and economically unstable country with an economy dependent upon the export of natural resources.

https://en.wikipedia.org/wiki/Banana_republic

What natural resource export is Spain’s economy dependent upon?

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but also, ismt that a description of dutch disease?

a banana republic is a country where the US installs a brutal dictatorship on behalf of a banana company, and the punishment for not helping grow cheap bananas for rich americans is a slow, tortuous death

It appears it’s pork, which lands in China. Current corrupt government is fighting tooth and nail in order to not start a trade fight with China at EU level.

You do realize that when a term was coined many years ago its definition might be broadened?

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