Trade & Economy
What is: Why does Cuba need to import more products?
Cuba has fewer natural resources, so it relies heavily on imports
What is investment in human capital?
School and training programs are examples of this kind of investment.
What is a presidential democracy?
This democracy separates the executive and legislative branches more clearly.
What is Cuba's government
In this country, one political party controls the government
Why do people need to do Currency Exchange
This is why countries exchange currency with each other.
What is an embargo explain using Cuba
A refusal to trade with another country, like the U.S. did with Cuba.
What is investment in capital goods?
New factories and advanced technology are signs of this kind of investment
How do people vote in Presidential Democracy
By voting directly for the president
What are Cuban rights and freedoms?
Cuban citizens have very limited access to these freedoms.
what does Mexico specialize in
Oil
Explain Command economy using Cuba as example
communist governments.
What is the relationship between literacy rate and standard of living?
When more people can read and write, the overall standard of living tends to go up.
What is the official title for the leader of Brazil Cuba and Mexico
President
Can you criticize the government in Cuba?
Speaking out against the government is not allowed here.
What is Cuba?
In this country, entrepreneurship is limited but still has an impact
What is a tariff? Use a Country as example
This is a tax on foreign goods that discourages international trade
Who is an entrepreneur?
A person who takes a risk to start a business, like Jose the mechanic
how can people vote for the legislative and executive branches?
In Brazil and Mexico, citizens vote for these government branches.
How do you vote for president in Cuba
In Cuba, elections don’t involve meaningful citizen participation
An agreement between the U.S., Mexico, and Canada that allows free trade.
What is USMCA
This country's GDP is slowed by outdated factories and old technology.
Why is GDP low in Cuba?
What is the diffrence between Presidential democracy vs Parlimentary democracy
President vote direct
Parliment indirectly
A type of government where one person or party holds all the power.