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Argentine agriculture is
relatively capital intensive, today providing about 7% of all
employment even during its period of dominance around 1900,
accounting for no more than a third of all labor. Having accounted
for nearly 20% of GDP as late as 1959, it adds, directly, less than
10% today. Agricultural goods, however, whether raw or processed,
still earn over half of Argentina's foreign exchange and arguably,
remain an indispensable pillar of the country's social progress and
economic prosperity.
An estimated 10-15% of
Argentine farmland is foreign owned.
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