Carlos and his wife, Adonica, have spent years growing their family's steel business in
the United States. However, costs in America are going up, so they have been
considering relocating to somewhere in Latin America instead. They have three
options. Option #1 would be a country with a market economy with only some
businesses like electric companies controlled by the government. Option #2 is another
country with a market economy, but major factories, including steel factories, are
owned by the government. Option #3 is a country where the government controls
nearly the entire economy and owns its resources. Which is their best option and
which country does each option represent?
O Their best option is #1, which is Cuba. Option #2 was Brazil, and #3 was Mexico.
O Their best option is #2, which is Mexico. Option #1 was Cuba, and #3 was Brazil.
O Their best option is #3, which is Brazil. Option #1 was Cuba, and #3 was Mexico.
O Their best option is #1, which is Mexico. Option #2 was Brazil, and #3 was Cuba.