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The Economy
The population of Mongolia has started to utilise its new freedom when the communists ceased to rule the country. The trade with neighbouring countries is paramount. Many Mongolians try to compensate their meagre earnings from employment with private commerce. Export commodities are sheep skins and hides from other animals, wool from various animals, sheep meat, sheep guts, etc. Some mineral resources are exported, though in small quantities and too little to improve the livelihood of the lowest income earners. |