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The article discusses the nature and the extent of the external dependence and the changing levels and origins of foreign economic assistance that characterized prerevolutionary Nicaragua. According to the author, the Nicaraguan dependence can be seen in the relative importance to the economy as a whole of its export products and their vulnerability to fluctuation in production and market prices. The article also shows the external environment within which Nicaragua has attempted to make the transition to a less dependent, more sufficient, and more stable economic system.