Latin America Test 2 Review

Why does Cuba have a command economy

• The government is democracy

• The government is communist

• People don't know how to run a business

• they have a monarchy

When did NAFTA go into effect

• 2007

• 1994

• 1999

• 1976

Why has trade became easier between Mexico and canada

• illegal border crossings by migrant workers.

• the North American Free Trade Agreement.

• the changeover in power to a new political party.

• the Mexican- American War.

The per capita GDP (capita = head, person) is the GDP divided by the number of people. Which country in Latin America has the highest per capita GDP?

• Brazil

• Mexico

• Cuba

• United States

In 1994, the US, Canada, and Mexico signed NAFTA to encourage trade. NAFTA ended tariffs among the three countries and created a huge

• Eurozone

• Triangular Trade

• Free Trade Zone

• Smoke Free Zone

In 2018, a new trade deal was announced to replace NAFTA: It has not yet been approved by the legislatures of the three countries

• Organization of Petroleum Exporting Countries (OPEC)

• United States Mexico California Agreement (USMCA)

• European Union Trade Agreement (EUTA)

• United States Mexico Canada Agreement (USMCA)

Mexico City, Mexico has major environmental issue concerning

• deforestation

• oil pollution

• air pollution

• flooding

Brazil has a major environmental issue concerning

• wild animal attacks in the rainforest

• deforestation of the rain forest

• Amazon River flooding

• Amazon Rainforest droughts

Economists use the Index of Economic Freedom to think about

• how open a country is to business

• how big is a country's population

• quality of life for ordinary people in a country

• how many goods and services damaged while trading

Economists use the Human Development Index to think about

• how open a country is to business

• how big is a country's population

• quality of life for ordinary people in a country

• how many goods and services damaged while trading