Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
3 Cards in this Set
- Front
- Back
|
What is regional integration? |
Is the unification of a number of nation states into a single unit where they cooperate functionally, economically and politically. |
|
|
What is the aim of regional integration? (Purpose) |
- provide economic and social benefits - more efficient use of resources -less duplication of effort and expenditure - more powerful voice and trading stance on the global stage -improving health standards -providing improved education facilities -developing human resources -overcome some of the challenges facing the region -address some of the consequences of the unevenness if resources distribution -helping businesses to thrive through policies of free trade, free movement of labour and tariff reduction or elimination |
|
|
What are some of the major challenges facing the Caribbean? |
-Small populations -Lack of diversification -Low value exports;high cost imports -Shortage of capital -Vulnerability to natural disasters -Low levels of production -High level of debt burden -Low productivity -Unemployment and underemployment -shortage of skilled workers -difficulty in accessing developed country markers -under developed human resources -unequal resource distribution |
