Latin American Government & Economics Review

Which country has the largest economy (highest GDP)?

• Brazil

• Cuba

• Mexico

How does literacy rate affect standard of living?

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

• The higher the literacy rate, the lower the standard of living.

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

Which country is the world's number one coffee producer?

• Brazil

• Cuba

• Mexico

What is Cuba's number one agricultural product?

• Citrus Fruits

• Coffee

• Soybeans

• Sugar Cane

What is Mexico's top export?

• Automobiles

• Cattle

• Medical Equipment

• Oil

Which of the following BEST describes Cuba's economy?

• Command

• Market

• Mixed-Market

• Traditional

Which country has the highest level of economic freedom?

• Brazil

• Cuba

• Mexico

Which of the following countries have a MIXED economy?

• Brazil

• Cuba

• Hong Kong

• Mexico

• North Korea

The following country has encouraged entrepreneurship by making it easy to start a business in cutting the time it takes to start a business to 8 days and eliminating many barriers.

• Brazil

• Cuba

• Mexico

This is the most MAJOR trade barrier that exists today between the United States and a Latin American country.

• Quotas and/or tariffs on agricultural products from Brazil.

• Embargo on Cuba

• Free trade with Mexico