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Essay / Research Paper Abstract
This 7-page paper focuses on trade development challenges faced by Caribbean island nations. Topics discussed include the economies of these nations and what is being done to help in terms of trade and economic development. Bibliography lists 7 sources.
Page Count:
7 pages (~225 words per page)
File: D0_MTcartra.rtf
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Unformatted sample text from the term paper:
palm trees and friendly natives (in some areas, catering pretty much to peoples every whim) sounds definitely idyllic which is why, to many people, the idea of a Caribbean cruise
is similar to heaven. While these nations certainly offer lovely sites and sounds, the reality that many of them face is far
from idyllic. Suffering from world wide economic downturns and an increase in exported drugs, the economies of these island nations arent doing very well. Added to that, Caribbean island nations
havent exactly been at the forefront of trade negotiations (mainly because of lack of leverage), meaning these nations dont benefit from world wide trade.
In this paper, well examine the economics and trade implications of the Caribbean islands, and at the conclusion, will summarize and offer some simple suggestions on how these
nations can begin to boost their economies and trade prospects. Caribbean Economic Overview The Caribbean consists of the worlds largest group of
countries, yet those countries have very small populations (Anonymous, 2003). The countries of the Caribbean region are Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica,
Montserrat, the Netherlands Antilles, St. Kitts and Nevis, St. Lucia, St. Vincent, Suriname, and Trinidad and Tobago (Barclay and Gray, 2001). Given
the areas temperate climate, and given the fact that the area primarily consists of island nations, it should come as little surprise that the Caribbean bases much of its economy
on tourism. But with everything going on today, economic growth in the Caribbean (especially through tourism) remains a challenge (Thurston, 2003). Part of the reason for this is a slow
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