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Falkland Islands, Economy and Government

Sheep raising and wool processing are the principal economic activities on the Falklands. Wool is the leading export by far; some hides and skins also are shipped. Imports are principally foodstuffs, fuels, textiles, machinery, and hardware.

Under a 1985 constitution, the islands are administered by a British governor and a legislative council of ten members, eight of whom are elected. The other two members, who have no vote, are the chief executive and the financial secretary; they also serve on the executive council, along with three legislators and the governor, who presides.

 
 

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