Briefly
The Federated States of Micronesia (FSM) is composed of over 600 islands and atolls spanning one million square miles of the western Pacific Ocean. The FSM is a federation of four semi-autonomous states (Chuuk, Kosrae, Pohnpei and Yap), each of which retains considerable autonomy overdomestic affairs, including state civil and criminal justice systems. The federal capital is located at Palikir, on the island of Pohnpei, close to Pohnpei's largest town, Kolonia. The FSM is a constitutional democracy. The United States extends security guarantees and economic assistance to the FSM under the Compact of Free Association. Under the Compact, FSM citizens may enter the US to study and work without visas. - US State Department, 15 May 2013
CRIME
Throughout the country, foreigners have reportedly been subjected to and singled out for theft and verbal and physical abuse. Alcohol - and drug -related attacks, as well as drunk driving accidents, are a particular concern during weekend and evening hours. The Embassy encourages extra caution during the holidays, when alcohol consumption is especially high. Do not attempt to intervene in disputes between local citizens.
Dress conservatively: it is considered impolite for females to wear clothing that exposes anything above the knee. Modern swimwear may be considered immodest by local standards, and people wearing such clothing outside of hotels that cater to tourists could likely be harassed. Additionally, we suggest women travel in groups and walk in well-lit areas.
Crime rates are higher in Chuuk than in the other states you should exercise extreme caution at all times, stay off the streets after dark, and ensure that the hotel where you are staying is prepared to assist you in an emergency.
Do not buy counterfeit and pirated goods, even if they are widely available. Not only are the counterfeit items illegal in the United States, if you purchase them you may also be breaking local law. - US State Department, 15 May 2013
Location
Island group in the North Pacific Ocean, about three-quarters of the way from Hawaii to Indonesia - The World Factbook
Currency
The official currency of Federated States of Micronesia is the US dollar. - AsNotedIn