Regional integration: challenges of the caribbean

What is one of the challenges facing regional integration in the Caribbean?

• Lack of diversification in production

• Absence of a common currency

• Influence of multinational corporations

• Competition for location of industries

Why can boat or air travel be costly for Caribbean countries?

• Due to the geography of the region

• Due to competition for location of industries

• Due to absence of common model or strategy for development

• Due to differences in resources growth and development

What is one of the reasons for unequal distribution of resources in the Caribbean?

• Lack of diversification in production

• Differences in resources growth and development

• Influence of multinational corporations

• Absence of a common currency

What can lead to conflict between Caribbean countries?

• Influence of multinational corporations

• Differences in resources growth and development

• Competition for location of industries

• Absence of common model or strategy for development

What is the influence of multinational corporations in the Caribbean?

• They lead to absence of a common currency

• They cause lack of diversification in production

• They dominate the market and make it hard for local companies to compete

• They encourage foreign industries to invest

What is the absence of a common currency in the Caribbean?

• A benefit for the region

• A reason for unequal distribution of resources

• A challenge for regional integration

• A strategy for development

What is the duty of governments in the Caribbean?

• To give priority to their development ahead of the region's development

• To compete against each other

• To protect the interests of their country

• To encourage foreign industries to invest

What can limit trade among member states in the Caribbean?

• Shared physical resources and similarities in manufacturing

• Influence of multinational corporations

• Lack of diversification in production

• Absence of a common currency

What is one of the strategies for development in the Caribbean?

• Deregulation of international trade

• Import substitution

• Boat or air travel

• Free trade incentives

Which of the following best describes Caribbean region?

• Countries with a common currency

• Mainland countries with easy access to each other

• Islands that are located in and around the caribbean sea.

• Landlocked countries with limited resources