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A small country that is economically dependent on a single export commodity, such as bananas, and is typically governed by a dictator or the armed forces.
(Government, Politics & Diplomacy) derogatory a small country, esp in Central America, that is politically unstable and has an economy dominated by foreign interest, usually dependent on one export, such as bananas
any small nation in the tropics whose economy is largely dependent on fruit exports.
A small country with an economy that is highly dependent on a single crop or resource, and is often ruled by a dictator or miltary junta.
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|Noun||1.||banana republic - a small country (especially in Central America) that is politically unstable and whose economy is dominated by foreign companies and depends on one export (such as bananas)|