In 2015, diplomatic relations were re-established between Cuba and the United States. In 2016, Carnival Cruise Lines began operating passenger cruises to Havana. This led to:

Question

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The initiation of passenger cruises to Havana by Carnival Cruise Lines would have increased tourism and spending by Americans in Cuba, leading to an increase in the supply of U.S. dollars in the currency exchange market for U.S. dollars to Cuban pesos as tourists exchanged their dollars for pesos.

In 2015, Diplomatic Relations Were Re-Established Between Cuba and the United