Exercises, so ready for trip to Cuba? (4)
I believe the answer is:
peso
'ready for trip to cuba?' is the definition.
(peso is the currency of Cuba)
'exercises so' is the wordplay.
'exercises' becomes 'pe' (Physical Education class).
'pe'+'so'='PESO'
(Other definitions for peso that I've seen before include "ready for Mexican" , "Currency of Mexico" , "Chilean currency" , "Mexican monetary unit" , "Foreign currency" .)