Ecuador has a flag with yellow, blue, and red colors that represent the sun, sky/sea, and blood shed for freedom. The capital is Quito, located in the Andes mountains. Other major cities include Guayaquil and Otavalo. Ecuador gained independence from Spain in 1822 after the battle of Pichincha and became a sovereign country in 1830. Ecuador uses the US dollar and exports oil, bananas, and shrimp.