Economic Growth & Development

What is the expected economic growth rate for the Caribbean in 2024?

• A) 2.6%

• B) 10%

• C) 30%

• D) 15%

Which of the following is NOT a challenge faced by Caribbean economies?

• A) High inflation

• B) Climate change

• C) Overpopulation

• D) Geopolitical risks

What is one of the primary sources of revenue for Caribbean governments?

• A) External grants

• B) Tourism

• C) Agricultural exports

• D) Foreign aid

Which index measures national socioeconomic development by combining education, health, and income?

• A) Human Development Index (HDI)

• B) Human Poverty Index (HPI)

• C) Gross National Income (GNI)

• D) Multidimensional Poverty Index (MPI)

What does a higher life expectancy at birth indicate?

• A) Poor healthcare

• B) Better health care and living conditions

• C) High levels of poverty

• D) Increased crime rates

Which of the following is a component of the Human Poverty Index (HPI)?

• A) Gross Domestic Product (GDP)

• B) Literacy rates

• C) Life expectancy

• D) Employment rates

What is the primary economic activity for most Caribbean nations?

• A) Manufacturing

• B) Agriculture

• C) Tourism

• D) Technology

Which of the following factors contributes to the economic vulnerability of Caribbean nations?

• A) High levels of public debt

• B) Strong governance

• C) Economic diversification

• D) Low dependency on imports

What is the main focus of the Multidimensional Poverty Index (MPI)?

• A) Income levels only

• B) Comprehensive assessment of deprivations

• C) Economic growth rates

• D) Employment statistics

Which of the following is a benefit of regional integration efforts like CARICOM?

• A) Increased trade barriers

• B) Strengthened competitiveness

• C) Reduced cooperation

• D) Isolation of smaller nations