The U.S. Trade Embargo with Cuba

Paper Summary:

The paper looks at the history of U.S.-Cuba relations. The paper examines the reasons behind the United States' trade embargo with Cuba and explores the economic impact of lifting this embargo. The paper discusses the economic benefits and opportunities for commercial enterprises that would arise from lifting the embargo, but also notes potential threats to American businesses. The paper discusses how Fidel Castro's ailing health of recent months has led to speculations concerning the future of Cuba and renewed debates concerning the U.S. trade embargo against this tiny island.

Outline:
Introduction
The Cuba Democracy Act
Impact of Lifting U.S. Embargo
Opportunities for Commercial Enterprise
Potential Threats to American Businesses
Reasons for U.S. Embargo
Total Impact on the U.S. Economy
Navajo Nation Signed Trading Deal with Cuba
Impact of Fidel Castro's Illness

From the Paper:

"Fidel Castro has ruled Cuba through ten U.S. presidents. He took power in 1959, at the height of the Cold War, while Dwight D. Eisenhower was still in office. Although initially, he declared he was not a Communist, by the fall of 1960, thousands of Cubans were fleeing their homeland, for the reality was that Castro was establishing a Communist dictatorship (Montagne). Three months after taking office, John F. Kennedy authorized a covert invasion aimed at overthrowing Castro regime. However, it failed and was condemned by governments worldwide. This invasion basically gave Castro an excuse to allow Soviet Premier Nikita Khrushchev to place nuclear missiles in Cuba, aimed at the United States (Montagne)."

Sample of Sources Used:

• Becker, Hilary M. "Cuba: potential or potential threat." Journal of Academy of Business and Economics. February 1, 2003. Retrieved December 02 2006 from HighBeam Research Library.
• Inskeep, Steve; Montagne, Renee. "Navajos Sign Cuba Trade Deal." Morning Edition: National Public Radio. August 24, 2006. Retrieved December 02 2006 from HighBeam Research Library.
• Montagne, Renee. "10 Presidents, One Dictator: U.S.-Cuba Policy." Morning Edition: National Public Radio. August 4, 2006. Retrieved December 02 2006 from HighBeam Research Library.
• "Raul Castro Ready to Talk to the U.S." United Press International. December 2, 2006. Retrieved December 02 2006 from HighBeam Research Library.
• Travieso-Diaz, Martias F. "Requirements For Lifting the U.S. Trade Embargo Against Cuba." Retrieved December 02 2006 fromhttp://lanic.utexas.edu/la/cb/cuba/asce/cuba3/travieso1.html

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