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daser333 [38]
1 year ago
13

some countries prohibit national firms from investing in specific countries for blank reasons, such as us firms being prohibited

from investing in cuba.
Business
1 answer:
Murljashka [212]1 year ago
6 0

Sanctions put prohibited on actions related to specific nations, conduct themes, commodities and services, or people and companies. Cuba's economy is a mixed command economy that is predominately made up of state-run businesses.

The state employs the vast majority of the labour force. The Cuban Communist Party, which was in power throughout that decade, prohibited the creation of worker cooperatives and independent business ventures. Financial and trade limitations imposed on a foreign nation are referred to as economic sanctions. These limitations are meant to make life difficult for the citizens of the foreign country so that they would put pressure on the government to change its political policies.

To learn more about prohibited, click here.

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Answer:

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Due to this, the short-run aggregate supply curve shifts leftward i.e reduces the market supply because producers will produce less at a high cost of production and produce more at a lower cost of production.

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