Which statement about the economic systems of mexico and cuba is true? question 1 options: mexico has a socialist system and cuba has a free market system. mexico has a free market system and cuba has a socialist system. both countries have a socialist system. both countries have a free market system

Mexico is in a trade agreement with the US (NAFTA), so it is likely that it would have the same economic system as the US - a free market system. 

Cuba is known to be different from the US, and in fact it has a planned economy - a socialist economy - this means that the prizes are determined by the government and not by the demand and supply. 

The correct answer is
Mexico has a free market system and Cuba has a socialist system. 

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