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Background: In 1979 the Federated States of Micronesia, a UN Trust Territory under US administration, adopted a constitution. In 1986 independence was attained under a Compact of Free Association with the US, which was amended and renewed in 2004. Present concerns include large-scale unemployment, overfishing, and overdependence on US aid. Definition: This entry usually highlights major historic events and current issues and may include a statement about one or two key future trends. Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of September 17, 2009 |
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