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WorksheetsRegional Integration
Total questions: 15
Worksheet time: 5mins
The removal of tariffs, customs duties and quotas are known as
globalization
economic integration
trade liberalization
economic cooperation
Which of the following is NOT an objective of CARICOM?
to promote economic cooperation through a common market
the coordination of foreign policy among member states
to promote functional cooperation - health, education
the right of establishment
The highest decision making body of CARICOM is the
heads of government
CARICOM Secretariat
Governor General
Institutions of Ministers
The CARICOM secretariat is headed by a/an
attorney general
secretary general
director general
all of the above
The treaty that brought birth to CARICOM is
treaty of Paris
treaty of Baseterre
Treaty of Chaguararmas
Montego Bay Conference
The Treaty of Basseterre brought birth to which of the following organization?
West Indies Federation
OECS
CARIFTA
CSME
Which of the organization preceded CARICOM?
WIF
CARIFTA
OECS
ACS
Free Movement of goods and services , free movement of capital and free movement of people is the objective of
CARICOM
CARIFTA
CSME
OECS
One outcome of integration within the Caribbean region that may reduce the effects of globalization is
increased market size.
increased North American imports
reduce employment
reduce employment
How many member states are present in CARICOM?
10
20
15
18
All of the following are factors promoting regional integration except
common cultural heritage
common economic and social issues
effects of globalization
absence of common currency.
Economic Stock can be defined as
predictable event outside the economy
an event that can cause a sudden, drastic change in an economy.
an economy model.
the different stages of economic growth
A group of countries that have few or no restrictions on the movement of goods, money and people between the members
common market
globalization
trading bloc
trade liberalization
The use of Government spending and revenue collection to influence economy
revenue spending
globalization
money spending
fiscal policy
A relatively poor country that is trying to increase its industry and improve its trade
less developed country
more developed country
