1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
s344n2d4d5 [400]
3 years ago
12

What markets were introduced into Cuba

Business
1 answer:
blsea [12.9K]3 years ago
8 0

Answer:

The Economist Intelligence Unit estimated the Cuban economy grew 0.5% in 2019 but will contract 0.7% in 2020. The Cuban economy has been hard-hit by the reimposition of, and increase in, U.S. sanctions that impede international financial transactions with Cuba and by Venezuela�s economic crisis, which has limited Venezuela�s support to Cuba. On 06 September 2019 the Department of the Treasury�s Office of Foreign Assets Control (OFAC) amended the Cuban Assets Control Regulations (CACR) to further implement President Trump�s June 2017 National Security Presidential Memorandum (NSPM) Strengthening the Policy of the United States Towards Cuba. These actions mark an ongoing commitment to implement the President�s Cuba policy. Previously, on June 5, 2019, OFAC further restricted non-family travel to Cuba by removing an authorization for group people-to-people educational travel, pursuant to an April 17, 2019 foreign policy announcement.

Cuban President Miguel D�az-Canel on 28 February 2020 responded to the suspension of the sending of remittances to the island from outside the United States applied by the Western Union company, a decision attributed to the hardline policies of U.S. President Donald Trump. �Another measure against the Cuban people. This is how the empire acts, with total arrogance and contempt, but no one will stop us,� the Cuban president wrote. Remittances are a vital source of income for Cuba, a country that for years has had an endemic balance of payments deficit and is currently facing a worrying economic crisis due to lack of foreign exchange, which makes it difficult for the island to acquire basic products and prevents the State from complying with part of its financial commitments.

Explanation:

You might be interested in
The vice president of human resources for a national electronics retailer is meeting with employees of several stores to present
steposvetlana [31]
<span>One part of a disseminator role would be for the vice president of human resources for a national electronics retailer is meeting with employees of several stores to present information to workers that their stores are closing and how the company will help employees in the future. A person in a disseminator role distributes information to his subordinates and superiors alike, by sending circulars, holding meetings, and making phone calls.</span>
3 0
3 years ago
The political business cycle refers to Group of answer choices the fact that about every four years some politician advocates gr
kirill [66]

Answer:

the potential for a central bank to increase the money supply and therefore real GDP to help the incumbent get re-elected.

Explanation:

A political business cycle can be defined as a business cycle that typically arises from the manipulation and tweaking of economic policy tools such as fiscal policy and monetary policy by incumbent (serving) politicians, in order to stimulate and enhance the economy of a particular country before an election. Thus, this would go a long way to boost the chances of the candidate representing the particular political party and reelection into office by the people.

Hence, the political business cycle refers to the potential for a central bank to increase the money supply and therefore real GDP to help the incumbent get re-elected.

The Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).

Additionally, Gross Domestic Products (GDP) of a country's economy gives an insight to it's social well-being such as Real GDP.

4 0
3 years ago
The end-of-period spreadsheet a.is an integral part of the accounting cycle b.eliminates the need to rewrite the financial state
Nady [450]

Answer: D. is used to summarize account balances and adjustments for the financial statements

6 0
3 years ago
A customer borrowed $2000 and then a further $1000 both repayable in 12 months. What should he has saved if he had taken out one
Nesterboy [21]
He would have probably have saved time
3 0
3 years ago
Read 2 more answers
The Department of Justice and the Federal Trade Commission must define the relevant market when determining whether to allow a m
emmainna [20.7K]

Answer:

The correct answer is letter "B": a price increase results in higher​ profits; otherwise, the market is too narrow.

Explanation:

When firms are interested in acquisitions or mergers they have to determine if the target company is part of a relevant market. The term refers to the competitive conditions that offer the economy where the target company is located. The relevant market also considers the type of product or service the target company offers.

<em>Relevant markets optimal for mergers are those where an increase in prices generates more revenue for firms. If there are too many competitors offering undifferentiated products, the market will not allow organizations to profit from price increases. Those markets, then, are too narrow.</em>

6 0
3 years ago
Other questions:
  • How is the value of a product determined?
    10·1 answer
  • In a minimum 200 words explain the idea behind the balance of power. How did this concept play itself out in Europe? How was thi
    5·1 answer
  • Which of the following is a true statement based upon the principle of the time value of money?
    13·2 answers
  • When Tom had the satellite dish placed on the roof of his house, the installer dislodged and made no attempt to replace a half d
    14·1 answer
  • The next dividend payment by Company A, will be $1.92 per share. The dividends are anticipated to maintain a growth rate of 6 pe
    6·1 answer
  • Domestic business differs from international business in that a firm operating within the borders of one country A) must be conc
    13·1 answer
  • In terms of managing social networks, organizational leaders should:
    15·2 answers
  • Use the table below to answer this question.
    10·1 answer
  • 2. List 12 things you should consider when buying a used car.
    11·2 answers
  • A policyowner would like to change the beneficiary on an accidental death and dismemberment (ad&amp;d) insurance policy and make
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!