Posted: May 22nd, 2023

The growth of the Cuban econom

Cuba is a relatively strong economy from which other countries can learn from. A number of factors affect the country’s economic terrain. The various elements of Cuban economy give it a competitive advantage or disadvantage over other countries in the world. The growth of the Cuban economy shows that it is important for a country to involve itself in international trade and to diversify its trading partners in the global market. Cuba was dealt a major blow when the Soviet Union, which was a major trading partner at one time, severed its links with the country.