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tative to the US House of Representatives Judicial branch: Supreme Court, Superior Courts, Municipal Courts Political parties and leaders: National Republican Party of Puerto Rico, Luis FERRE; Popular Democratic Party (PPD), Hector ACEVEDO; New Progressive Party (PNP), Pedro ROSSELLO; Puerto Rican Socialist Party (PSP) has been disbanded (1994); Puerto Rican Independence Party (PIP), Ruben BERRIOS Martinez; Puerto Rican Communist Party (PCP), leader(s) unknown Other political or pressure groups: Armed Forces for National Liberation (FALN); Volunteers of the Puerto Rican Revolution; Boricua Popular Army (also known as the Macheteros); Armed Forces of Popular Resistance Member of: CARICOM (observer), ECLAC (associate), FAO (associate), ICFTU, INTERPOL (subbureau), IOC, WCL, WFTU, WHO (associate), WTO (associate) Diplomatic representation in US: none (commonwealth associated with the US) US diplomatic representation: none (commonwealth associated with the US) Flag: five equal horizontal bands of red (top and bottom) alternating with white; a blue isosceles triangle based on the hoist side bears a large white five-pointed star in the center; design based on the US flag @Puerto Rico:Economy Overview: Puerto Rico has one of the most dynamic economies in the Caribbean region. Industry has surpassed agriculture as the primary sector of economic activity and income. Encouraged by duty free access to the US and by tax incentives, US firms have invested heavily in Puerto Rico since the 1950s. US minimum wage laws apply. Important industries include pharmaceuticals, electronics, textiles, petrochemicals, and processed foods. Sugar production has lost out to dairy production and other livestock products as the main source of income in the agricultural sector. Tourism has traditionally been an important source of income for the island, with estimated arrivals of nearly 3.9 million tourists in 1993. National product: GDP - purchasing power parity - $26.8 billion (1994 est.) National product real growth rate: 2.6% (1994 est.) National product per capita: $7,050 (1994 est.) Inflation rate (consumer prices): 2.9% (1994) Unemployment rate: 16% (1994) Budget: revenues: $5.1 billion expenditures: $5.1 billion, including capital expenditures of $NA (FY94/95) Exports: $21.8 billion (1994) commodities: pharmaceuticals, electronics, apparel, canned tuna, rum,
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