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17. As a result of the Cuban Revolution, the United States refused to trade with Cuba. What type of trade barrier does this illustrate?
mixed
black market
embargo
A) Both countries depend on subsistence farming as the primary source of income.
A. Haiti’s low investment in human capital lowers the GDP per capita.
command
tourism
B. The higher the literacy rate the higher the standard of living.
an illegal trade network dealing in controlled, illegal, or scarce products
mixed
black market
embargo
A) Both countries depend on subsistence farming as the primary source of income.
A. Haiti’s low investment in human capital lowers the GDP per capita.
command
tourism
B. The higher the literacy rate the higher the standard of living.
The literacy rate for the region of Latin America is 90%. In the country of Haiti, the literacy rate is 51%. Which statement best reflects these factors of economic growth in Haiti?
mixed
black market
embargo
A) Both countries depend on subsistence farming as the primary source of income.
A. Haiti’s low investment in human capital lowers the GDP per capita.
command
tourism
B. The higher the literacy rate the higher the standard of living.
The relationship between the literacy rate and standard of living in Latin America is
mixed
black market
embargo
A) Both countries depend on subsistence farming as the primary source of income.
A. Haiti’s low investment in human capital lowers the GDP per capita.
command
tourism
B. The higher the literacy rate the higher the standard of living.
20. How is the economic system of Mexico similar to the economic system of Brazil?
mixed
black market
embargo
A) Both countries depend on subsistence farming as the primary source of income.
A. Haiti’s low investment in human capital lowers the GDP per capita.
command
tourism
B. The higher the literacy rate the higher the standard of living.
Command + Market = _________________
mixed
black market
embargo
A) Both countries depend on subsistence farming as the primary source of income.
A. Haiti’s low investment in human capital lowers the GDP per capita.
command
tourism
B. The higher the literacy rate the higher the standard of living.
The economic system of communist countries is most closely related to which of the following:
mixed
black market
embargo
A) Both countries depend on subsistence farming as the primary source of income.
A. Haiti’s low investment in human capital lowers the GDP per capita.
command
tourism
B. The higher the literacy rate the higher the standard of living.
the business or industry of providing information, accommodations, and other services to people traveling to places of interest
mixed
black market
embargo
A) Both countries depend on subsistence farming as the primary source of income.
A. Haiti’s low investment in human capital lowers the GDP per capita.
command
tourism
B. The higher the literacy rate the higher the standard of living.
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