U.S._and_Cuban_Trade_Relations_-A_Broader_Embargo

Running Head : Analysis on US and Cuban trade relations : A broader embargo

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Date of Submission : March 17th 2009

United States and Cuban businesses have suffered losses alike through loss of potential markets and investing grounds due to the trade embargo . The case study on United States and Cuban trade relations exhibits the common aspects of international trade that are likely to be faced by different countries in their efforts to work together . While dealing with international

trade , matters of political , legal and institutional nature come into play and these influence how countries relate with each other in trade (Trebilcock et al , 1990 . The sanctions put by U .S on Cuba were meant to discourage trade between the two countries and the embargo in particular was meant to isolate Cuba and is more like trade warfare . United States seems to be reluctant to have trade relations with Cuba especially due to the fact that Cuba supported terrorism , the level of repression within Cuba and poor human rights concern . It however seems unfair on America 's side because it has not done the same on other countries with worse human right records such as China . The signing of the Torricelli act is highly surrounded by political agendas . In this act , it is possible that Bush was trying to win the favor of Cuban-Americans based in Florida so as to increase his chances of winning the elections . The fact that the U...