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Caribbean Economies

Quiz by Sune Bethelmy

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5 questions
Show answers
  • Q1
    What type of economies are Caribbean Economies?
    small closed economies
    small open economies
    developed economies
    socialist economies
  • Q2
    Which of the following is NOT a main characteristic of Caribbean economies?
    Little or no natural resources
    Large informal sector
    Large primary sector
    High Population
  • Q3
    All of the following are problems faced by Caribbean economies EXCEPT:
    a large pool of unskilled labour
    the 'brain drain'
    a diversified economy
    low per capita income
  • Q4
    What strategy is useful for Caribbean economies in a globalised world?
    investment abroad
    investment in the stock exchange
    investment in human capital
    importing more goods and services
  • Q5
    Which is NOT a structural adjustment policy?
    budget deficits
    trade liberalisation
    devaluation of overvalued currencies
    removal of government subsidies to local firms

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