Sample Essay on:
Impact Of Lifting The Embargo On Cuba

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Essay / Research Paper Abstract

A 4 page paper that begins with a report of the dollar value of initial infrastructure improvements needed in Cuba. The paper discusses different aspects of potential trading with Cuba, such as some areas of trade, the value of agricultural products now being exported to Cuba, the GDP in each country, the dollar impact on the U.S. and other facts. Bibliography lists 6 sources.

Page Count:

4 pages (~225 words per page)

File: MM12_PGtrdcba.rtf

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Unformatted sample text from the term paper:

airports (Lynch, 2003). $540 million in railroads (Lynch, 2003). These are the initial needs in terms of upgrading the infrastructure in the country. These communication and transportation needs would be required if Cuba were to participate in an open trade market. These suggest that the U.S. could export the equipment, materials, supplies, and professional service to the country if the embargo were lifted completely. Even at this time as Fidel Castros health seems to be waning quickly, it does not look like his brother will change anything (Marx, 2006). The Congressional delegation that recently discussed different issues with Cuban officials did say the new Democratic Congress is likely to try to ease travel restrictions (Marx, 2006). If the embargo were lifted and open trade between the U.S. and Cuba became a fact, it would make sense for Cuba to work towards joining the NAFTA. Membership would ease tariffs and probably improve Cubas economy. With or without NAFTA, the U.S. would benefit greatly from trading with Cuba again. Prior to the embargo, the U.S. was Cubas primary trading partner (Lynch, 2003). That relationship would likely return simply because of geographic proximity. The fact that Cuba taken steps already towards a more open market system since the 1990s (Lynch, 2003). These reforms would benefit the U.S. economy, in general, and Floridas economy, in particular (Lynch, 2003). Lynch (2003) estimates the embargo is costing the U.S. as much as $4 billion in exports each year. Open trade with Cuba would result more than 32,000 new jobs in the U.S. and "an additional $3.6 billion in total economic output" (Lynch, 2003). Along with these data, the author reports that only a 10 percent increase in imports and exports would result in a $7 billion market (Lynch, 2003). This same proportion of trade increase ...

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