Geography
02.10.2021 12:48
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How are the Cuban, Mexican, and Brazilian economies different
How are the Cuban, Mexican, and Brazilian economies different
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mvongphakdy8124
4,8(2 marks)
Cuba is a communist country, and thus has a command economy. However, it is changing because the government is relaxing laws.
Both Mexico and Brazil own mixed economies, while Brazil has a larger population.
Foreign Exchange Rates: The price of 1 country’s currency compared to another…
1 US dollar = 11 Mexican pesos
1 US dollar = 1.8 Brazilian reals
1 US dollar = .92 Cuban pesos
Thus, Mexico's currency is worth less.
All the mentioned countries rely on tourism for money.
bm42400
5,0(37 marks)
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