CUBA'S Trade

Ernesto Aballe Varona

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Form of Government

COMMUNIST

Population

Around 11.27 Millions
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Currency

Name: CUC

1 CUC-1 USD

1 CUC-1.15 EUR

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Summary

Cuba is a communist country with a population of 11 millions approximately. Between their exports and imports we can find tobacco and oil. It has a strong currency named CUC and its known for the amount of tourist who visit it every year

Benefits of Trade

Pros:

It is easy to trade due to location

It has good products


Cons:

Products are expensive

Doesn't a wide variety of Products


Countries can benefit with trading because the good products Cuba has, but usually, Cuba takes the major benefit