International Business - Essay Example
For example, the author states, “Lina Pedraza RodrÃguez, Minister of Finance and Prices of Cuba, said that the country urgently needs to modernize its economy so as to protect the achievements of the Cuban Revolution. For that it requires foreign investment, including from the United States†(Knight, 2015). This quote captures the minister’s comments on Cuba and its needs for foreign direct investment. This was a remark meant to woo countries such as the U.S to come and invest in Cuba.
The countries about which the article was written include Cuba, the United States of America and Mexico. The article directly focuses on Cuba as a country that is advertising itself for foreign direct investment. USA and Mexico are referred to in the article as two countries that can possibly invest in Cuba. To make this possible, Cuba’s officials laid bare the environment and regulatory frameworks put in place in the country to ensure that foreign investment in the country would be a smooth process and a mutually beneficial endeavor for both parties.
