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The main reason is the United States embargo against Cuba, which has been enforced since 1960. Also, other regulations such as the Helms-Burton Act (which basically penalizes foreign countries that do business in Cuba by preventing them from doing business in the U.S.) have prevented major foreign investment into the island.
What else can I help you with?
What is Latin for per person?
per capita
Why are foreign countries building factories in Latin America?
Why are factories being built in latin America by foreign countries.
What does the term 'per capita' mean?
"per capita" is Latin for "by head, for each head". It means the figures you are reading are calculated based on an average of the total population. It is then easier to make comparisons for example between different countries : the total number of cellphones is much higher in France than in Luxembourg, but if you look at the number of cellphones per capita, you will notice than Luxembourg has, by far, a better equiment rate.
What country in Latin America has the best economy?
Brazil
What country has the worst economy in latin America?
probably Ecuador
Is central America least developed country?
Nicaragua qualifies as such. It has a GDP per capita of only USD 4,500: the lowest throughout mainland Latin America. It also has the lowest amount of people dedicated to industrial activities (18% of workforce).
What has given Venezuela the highest per capita income among nations of Latin America?
Venezuela doesn't have the highest income per capita in Latin America (that spot is reserved for Uruguay, Chile and depending on source, Argentina and Mexico). However, most Venezuelan income is due to oil exports.
What is the richest Latin American country in per capita GNP?
The richest Latin American country in per capita Gross National Product (GNP) is typically considered to be Uruguay. With a stable economy, high levels of literacy, and social development indicators, Uruguay ranks among the top countries in Latin America in terms of wealth per capita.
What is Latin America's lowest point?
the lowest point in latin America (south America) is laguna del carbon... it is 344 feet below sea level
What Latin American country has the lowest population?
Excluding the small island nations of the Caribbean, the country of French Guiana in South America has the fewest residents, about 217,000 in 2010.
What is Latin for head?
"Caput"
Which four countries have shortest life expectancy in latin america?
Here are the four countries with the shortest life expectancy in Latin America:Belize: 68.28Bolivia:67.9Guyana: 67.39Haiti (lowest in Latin America): 62.51
What is the lowest part in Latin America?
South America. The farthest south part of such region is known as Tierra del Fuego.
What are some of Argentina's economic activities?
The economy of Argentina is Latin America's third-largest, with a high quality of life and GDP per capita.
What is Latin for per person?
per capita
What developed among people in different areas of Latin America?
regionalism
What developed among the people in different areas Latin America?
regionalism
