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Most countries in Latin America have this type of economy.
Standard of living
quota
entrepreneur
Gross Domestic Product (GDP)
government
mixed market
command
tariff
Since it has a command economy, the three economic decisions (what to produce, how to produce, for whom to produce) are made by the Cuban ______________
Standard of living
quota
entrepreneur
Gross Domestic Product (GDP)
government
mixed market
command
tariff
Cuba has a ________ economy that is 33% free and 77% government controlled.
Standard of living
quota
entrepreneur
Gross Domestic Product (GDP)
government
mixed market
command
tariff
__________ is the total value of the goods and services produced in a country during a specific period of time.
Standard of living
quota
entrepreneur
Gross Domestic Product (GDP)
government
mixed market
command
tariff
This is a tax on imported goods (a type of economic trade barrier).
Standard of living
quota
entrepreneur
Gross Domestic Product (GDP)
government
mixed market
command
tariff
This is a limit on the number of goods that can be imported from a foreign country (a type of economic trade barrier).
Standard of living
quota
entrepreneur
Gross Domestic Product (GDP)
government
mixed market
command
tariff
An ____________ is someone who decides to create or run a business, even though he or she might lose some money.
Standard of living
quota
entrepreneur
Gross Domestic Product (GDP)
government
mixed market
command
tariff
___________________usually refers to the economic level of an individual, a family, or a country.
Standard of living
quota
entrepreneur
Gross Domestic Product (GDP)
government
mixed market
command
tariff
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