Selected Economic Events in Cuba
• The United States placed the first of many embargoes on Cuba in 1961.
•Cuba accepted $4 to $6 billion, annually, from the Soviet Union during the Cold War.
•The Soviet Union withdrew subsidies to Cuba in 1990, leading to a severe economic downturn.
•Communist leaders called for wide-ranging economic changes in 2011.
Which statement BEST explains a result of the implementation of U.S. sanctions on Cuba?