How Powerful Is Monaco?

In May 2016, one of the most famous motor races in the world was held in the tiny country of Monaco.
Despite its size, the Monaco Grand Prix is one of the top three highest prestige events in the sport, and has one of the least conventional tracks which runs throughout the actual streets of Monaco.
Monaco is bordered on three sides by France, and size it it is about four than 1 square mile of space, and it has a population of less than 40,000.
Monaco is arguably the richest country in the world, or at least the country where the richest people live.
its GDP is only about 6 billion dollars, that comes down to more than $160,000 per person, the highest per capita GDP on earth.
As one of the most premier luxury destinations, one in three residents of Monaco are millionaires.
In a country known for high stakes gambling, high speed racing, and no income tax whatsoever, it to Monaco.
In 1861, Monaco was established as an independent country in the Franco Treaty.
Then in 1918, the treaty was updated to included a provision for France to take care of Monaco military, and economic interests.
Monaco became a full member of the United Nations in 1993, and is able to directly appeal to the intergovernmental body.
Monaco actually has the largest per capita police presence in the world, with roughly 1 officer for every 100 residents.
The Prince of Monaco is the country head of state, and he splits power with the 24 as the country Clearly, Monaco comes in at the top of most lists, due to its tiny size and full sovereign status.
 millionaires living in the city the highest life expectancy in the world, Monaco itself has little international influence.
More realistically, although it is somewhat self for public transportation and military protection, and has switched to the French monetary policy, the Euro. 

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