Caribbean Economies
Quiz by Sune Bethelmy
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5 questions
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- Q1What type of economies are Caribbean Economies?small closed economiessmall open economiesdeveloped economiessocialist economies30s
- Q2Which of the following is NOT a main characteristic of Caribbean economies?Little or no natural resourcesLarge informal sectorLarge primary sectorHigh Population30s
- Q3All of the following are problems faced by Caribbean economies EXCEPT:a large pool of unskilled labourthe 'brain drain'a diversified economylow per capita income30s
- Q4What strategy is useful for Caribbean economies in a globalised world?investment abroadinvestment in the stock exchangeinvestment in human capitalimporting more goods and services30s
- Q5Which is NOT a structural adjustment policy?budget deficitstrade liberalisationdevaluation of overvalued currenciesremoval of government subsidies to local firms30s