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Us-Cuba Trade And The Challenge Of Diversifying A Sugar Economy, 1902-1962, Carmen Diana Deere
Us-Cuba Trade And The Challenge Of Diversifying A Sugar Economy, 1902-1962, Carmen Diana Deere
Florida Journal of International Law
Prior to the Cuban Revolution of 1959, Cuban exports to the United States held a privileged position in the US market. Many of the country’s exports paid at least 20% less in duties than competitors and after 1934, Cuba’s main export—sugar-- had a guaranteed quota in the US market. Yet these trade agreements—specifically, the Reciprocity Convention of 1902 and the Reciprocal Trade Agreement of 1934—have often been criticized by Cuban and US scholars alike as having condemned Cuba to a monoculture economy.
Moreover, critics contend that the treaties led to the dominance of US capital in Cuba’s sugar industry, and …