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If the American embargo of Cuba ended, what do you think would happen to the USA and Cuba? (self.asklemmy)

submitted 8 months ago by HobbitFoot to c/[email protected]

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This isn't meant to be a discussion on the morality of the embargo, but the affects of the embargo ending for both countries. These affects can be political, economic, or social.

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[–] [email protected] 1 points 8 months ago

Oh, it's definitely not a definite thing that it would disrupt their farming, but cheap US agricultural products being introduced into a market has had negative impacts on other locations before, so it's not just a hypothetical.

It's not so much about deliberately trying to disrupt prices, more that the US doesn't send rice places, people bid on it. If a food distributor in Cuba finds that they can get rice cheaper from the US, they might opt to make that switch, or if they just bring in corn people might increase the corn in their diet since it's cheaper.

Tourism might not be the best choice for them, at least if offshore ownership is allowed. It often ends up providing jobs, but little of the money actually stays in the locale beyond wages and some minor commodities.

How Cuba having a more planned economy impacts all this is also an interesting thing to consider, since they could just dictate "no offshore resort owners, and minimum rice prices".