Latin America Government

As with any small island country, Cuba has fewer natural resources than countries such as Brazil.

This affects their trade in that Cuba:

• exports only manufactured products.

• should import fewer products.

• needs to import more products.

• does not import or export.

How are parliamentary and presidential democracies different?

• There is more separation of executive and legislative power in presidential democracies than in parliamentary democracies.

• There is more separation of executive and legislative power in parliamentary democracies than in presidential democracies.

• In presidential democracies, citizens elect the leader of the government. In parliamentary democracies, citizens do not have the right to vote.

• In parliamentary democracies, citizens elect the leader of the government. In presidential democracies, citizens do not have the right to vote.

Which economic system is most closely related to that of communist countries?

• command economy

• market economy

• traditional economy

• mixed economy

1. For almost fifty years, the United States has refused to trade with Cuba. What is the policy BEST described as?

• blockade

• embargo

• tariff

• quota

What do the governments of Brazil and Mexico have in common?

• They are both autocratic.

• They are both monarchies.

• They are both dictatorships.

• They are both democracies.

The relationship between the literacy rate and standard of living in Latin America is _______.

• literacy rate has no effect on the standard of living.

• the higher the literacy rate the higher the standard of living.

• the standard of living is independent of literacy rate.

• low literacy rate creates a higher standard of living.

Economic decisions based on customs or beliefs are found in a _______.

• market economy.

• free enterprise system.

• traditional economy.

• command economy.

In a command economy, economic decisions are made by the _______.

• consumers.

• market.

• government.

• producers.

Which is an example of investment in human capital?

• education

• roads

• factories

• machinery

Which of the following would reflect a country with a mixed economy?

• Prices and wages are solely regulated by a country’s government.

• A combination of privately-owned industry and government control.

• A country’s distribution of resources is based on inheritance.

• Prices and wages are determined by the laws of supply and demand rather than being regulated by a country’s government.