The small island nation of Cuba has been the site of socialist revolution for the second half of the 20th century. The revolution aimed at granting equal access to nation’s resources to all its people and ambitiously marched to produce a just society free from class, race and gender differences. Its alliance with the communist super power of Soviet Union was not appreciated by its immediate neighbor and Soviet’s rival, the capitalist super power of United States. US reacted by placing a trade embargo on Cuba, a policy which severely affected its market prospects. As a result ...
Essays on Trade Embargo
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Introduction
There has been a cold war between the United States and Cuba since the island was under the rule of Spaniards. In the 1960s, all the US businesses in Cuba were nationalized without any compensation and the US government broke the diplomatic relations with Havana and imposed a trade embargo in response to the Castro's reforms. The Spaniards did not have good relations with the US government and left Cuba with the fear that it might be attacked by the US (Husain 24). The American trade embargo was later made permanent in response to the shooting down of US ...