After watching the video on Cubas economy, discuss the following: 1. Can Cuba effectively become a free
Question:
1. Can Cuba effectively become a free market economy?
2. Could the US benefit from lifting the embargo on Cuba?
3. What are Cuba’s comparative advantages relative to the US?
4. What impact does the embargo have on Cuba?
5. What do multiple trade theories have to say about Cuba?
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1 Text A free market economy laissez faire is the idea that the invisible hand of markets rather than governments should determine the scale and scope ...View the full answer
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