Which of the following best explains why Angola and Cuba experienced different economic conditions than Algeria and Belize in th
e late 20th century? O Angola and Cuba relied on the export of oil, and their economies contracted when oil prices dropped.
O Angola and Cuba’s dependence on the Soviet Union caused their economies to struggle after the Soviet Union collapsed.
O Algeria and Belize were largely self-sufficient and avoided the worst effects of the global financial meltdown.
O Algeria and Belize benefited from the creation of the World Trade Organization, while Angola and Cuba did not.
Algeria's economy remains dominated by the state, a legacy of the country's socialist. Tourism, retail sales, and finance comprise more than three-quarters of GDP. In late 2016, Angola lost the last of its correspondent relationships with foreign, in the industrialized nations as well as on favorable weather conditions.