Cuba is known for its tobacco products.Which of the following results would we expect to see from a U.S.embargo on Cuba?
A) Transshipment of Cuban cigars to the United States occurring through other nations.
B) Cigar producers in Cuba being better off since their product is scarcer in the United States and therefore commands a higher price.
C) Cuba's economy gaining because its own citizens enjoy less expensive tobacco.
D) The U.S.government benefiting from tariff revenue on Cuban tobacco products.
Correct Answer:
Verified
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