CUBA'S Trade
Ernesto Aballe Varona
Form of Government
COMMUNIST
Population
Around 11.27 Millions
Tobacco
One of Cuba's major exports
Nickel
Cuba's major export
Oil
Cuba's major import
Currency
Name: CUC
1 CUC-1 USD
1 CUC-1.15 EUR
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