Question

What effects have the U.S.-Cuba trade embargo have on the economies of both countries

Answer 1

The Us were able to find same Cuban products from other supplier countries, while the Cuban country had to find other suppliers.

Cuba was not able to develop a high commerce with the US and the surounding countries were not necessarily the best ones to make business with. Cuba had the support from the former USSR until 1989 when it was disolved. Russia continued helping but not at the same level or amount as before.

Answer 2

Answer:

The U.S.-Cuba trade embargo has had a greater impact on Cuba than on the United States. Cuba relied on the U.S. for much of its commerce. The Cuban people have suffered from this embargo because they are unable to purchase modern goods, including cars, telephones, and televisions. Because of the size of the U.S., the U.S. economy was not affected by the trade embargo between the two nations. The trade embargo did affect diplomatic relations between the U.S. and Cuba, however, disrupting communication between the two countries. In fact, the U.S. and Cuba were forced to communicate with one another through Switzerland.