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Q: Why smaller Caribbean states experience problems when trading with larger countries?
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What is Grenada's currency?

Grenada is a Caribbean country comprising a main island, also called Grenada, and 6 smaller surrounding islands.The Eastern Caribbean Dollar is the local currency in Grenada.The International currency code is XCD.


What are the advantages of global trade?

advantage It promotes efficiency, it can be explained by comparitive advantage. It enhanves competitiveness and means things resources are going to be allocated to where they are most efficient. disadvantage may lead to inferior quality products as a result of price competitveness, smaller economies may have a tought time finding a comparitve advantage, some sectors in certain countries will become obsolete and people will be out of work many of these people do not posses the skills to work in other industries. If countries put all their eggs in one basket they are relying on other countries, if these other countries run into supply problems or trade conditions deteriorate then this can also present problems


What are the problems of commercial grain farming?

Not only does commercial grain farming impact the livelihood of smaller farms; but, production can be impacted by limited labor as well as equipment failure.


How do less developed countries have more earthquakes?

A lot of less developed countries are located along the earthquake belts. Less developed countries may not be able to afford technology such as designing new infrastructure and strengthening existing infrastructure because a large proportion of their funds go inti the development of their industrial and economic activities. For example, the Kobe earthquake in Japan killed 5000. However, an earthquake of a slightly smaller intensity in Turkey in 1999 killed 17 000 people.


The world of business is getting smaller and smaller as one single factor continues to revolutionary the way business is done what is the factor?

The world of business is getting smaller and smaller as on single factor continues to revolutionalize the way business is done. What is the factor? And how relevant is it in Nigeria business environment?

Related questions

Why the smaller Caribbean states may experience problems when trading with larger states?

why the smaller states have difficulties trading with the larger states


What is the largest french speaking country in the Caribbean?

Haiti is the largest French-speaking country in the Caribbean. Other, smaller Caribbean French-speaking countries include Martinique, St. Martin, and Guadeloupe.


What are two countries in north America that are located on islands?

Including the Caribbean, there are Cuba, Haiti, the Dominican Republic, and the Bahamas, as well as the smaller sovereign islands.


Which two countries are found in the Caribbean island?

Cuba and Jamaica are Caribbean Islands.Answer I wonder if you are thinking of this,Haiti and the Dominican Republic are the two independent states that share the island of Hispaniola.St. Martin (French) and St. Maarten (Dutch) are two overseas territories of France and the Netherlands that share the island of St. Martin.


Why do you think most smaller Caribbean countries were able to gain independence peacefully?

juegen lol y si lo juegas daniel y cesar tambien te seguira


The smaller islands of the southern Caribbean are part of the what?

lesser antilles


The chain of smaller island in the Caribbean are called what?

otelul galati


How do El Salvador and Belize differ geographically from other Central American countries?

They are smaller in size compared to other Central American territories.


Which Caribbean countries are smaller than 200 square miles?

Independent Caribbean Countries with Areas Less Than 200 Square Miles :Antigua and Barbuda (171 sq. mi.)Barbados (170 sq. mi.)Saint Vincent and the Grenadines (150 sq. mi.)Grenada (133 sq. mi.)Saint Kitts and Nevis (101 sq. mi.)


How many countries in the world are smaller than Ireland?

There are approximately 43 countries in the world that are smaller than Ireland in terms of land area.


Smaller words in experience?

Perspective


What two countries are smaller than Ireland?

There are many countries that are smaller than Ireland. Luxembourg and Belgium are two examples of countries that are smaller than Ireland.