French Polynesia

French Polynesia (French: Polynésie française, Tahitian: Porinehia Farani) is a French "overseas country" (French: pays d'outre-mer, or POM) in the southern Pacific Ocean. It is made up of several groups of Polynesian islands, the most famous island being Tahiti in the Society Islands group, which is also the most populous island, and the seat of the capital of the territory (Papeete).

Economy

Main article: Economy of French Polynesia

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French Polynesia has a moderately developed economy, which is dependent on imported goods, tourism and the financial assistance of mainland France. Tourist facilities are well developed and are available on the major islands.

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The legal tender currency of French Polynesia is the CFP franc; many merchants have been reported to accept other currencies very readily, but many tourists have been disappointed and inconvenienced on assuming they can use US dollars, etc. Few merchants actually wish to bother to calculate the current exchange rate and then make the foreign exchange at a bank.

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