Which of the following Countries Is Not Involved in a Free Trade Agreement with the U.s. Quizlet

When it comes to international trade agreements, the United States has been actively seeking partnerships with various countries around the world. These agreements aim to reduce trade barriers, promote economic growth, and ultimately benefit both parties involved. However, not all countries are involved in free trade agreements with the U.S. In this article, we’ll take a closer look at which of the following countries is not involved in a free trade agreement with the U.S.

Before we dive into the answer, let’s first understand what a free trade agreement is. Essentially, a free trade agreement (FTA) is a pact between two or more countries that outlines the terms of trade, such as the reduction or elimination of tariffs and quotas on imported goods. The goal is to increase trade and investment between the partners and ultimately boost economic growth.

Now, let`s get back to the question at hand. Which of the following countries is not involved in a free trade agreement with the U.S.? The answer is Cuba.

Despite the U.S. and Cuba`s proximity and close historical ties, the two countries have had a complicated relationship when it comes to trade. The U.S. has maintained a trade embargo against Cuba since 1960, which means that virtually all trade between the two countries is prohibited.

However, in recent years, there have been some positive developments in the relationship between the U.S. and Cuba. In 2014, then-President Barack Obama announced that the U.S. would be restoring diplomatic relations with Cuba and easing some trade restrictions. Specifically, the U.S. began allowing Cuban businesses to export certain goods and services to the U.S., and American travelers were able to visit Cuba under certain conditions.

Unfortunately, these measures were short-lived. In 2017, President Trump rolled back many of the Obama-era policies and reinstated some of the trade restrictions against Cuba.

So, while Cuba may not currently have a free trade agreement with the U.S., there are efforts being made to improve relations between the two countries. Only time will tell if a formal trade agreement will be reached, but one thing is for certain: trade between the U.S. and Cuba has the potential to benefit both countries significantly.

In conclusion, of the following countries mentioned in the question, Cuba is the one that is not involved in a free trade agreement with the U.S. While there have been some positive developments in the relationship between the two countries in recent years, there is still much work to be done in terms of trade. As always, it`s important for countries to continue seeking relationships that benefit both themselves and their partners.

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