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Favorable ocean currents

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Q: Why did New England and the Caribbean form a single economic region?
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What is meant by Single Market as it relates to Caricom?

The CARICOM Single Market is an arrangement which allows CARICOM goods, services, people and capital to move throughout the Caribbean Community without tariffs and without restrictions to achieve a single, large economic space, and to provide for a common economic and trade policy. http://www.tradeind.gov.tt/projects%20and%20programs/csme.htm


Why was the west Indian federation wanted to be put in place?

The West Indian Federation was a proposed political union of the British colonies in the West Indies which was formed in 1958 and dissolved in 1962. The main reason for the formation of the Federation was to strengthen the political social and economic ties in the Caribbean region. The federation was also intended to create a single unified market and give the Caribbean countries a stronger voice in international affairs. Additionally the Federation aimed to unify the legal systems of the colonies create a common currency and improve education and health services across the region. The Federation sought to promote the economic development of the Caribbean by providing a unified market and allowing for the free movement of goods and people within the region. It also aimed to strengthen the regions ties with other countries through diplomatic and trade agreements. Finally the Federation sought to create a cohesive social identity by unifying the political commercial and cultural aspects of the Caribbean.


Why is CARICOM important to the region?

is to contribute to the harmonious economic growth and development of its member countries in the Caribbean and to promote co-operation and integration among them having special and urgent regard to the establishment of a single market and economy


What is the capital of the Caribbean?

The Caribbean is a sea and a region consisting of many countries. Each would have its own capital, so there is no single capital of the Caribbean. Capitals of the largest island countries are: Havana (Cuba) Santo Domingo (Dominican Republic) Port-au-Prince (Haiti) Kingston (Jamaica) Puerto Rico is a US territory, with its capital at San Juan.


What does C.S.M.E stands for?

Caribbean Single Market and Economy


Does every form a single culture region?

Does every country form.a single culture region


What is the difference between a single-factor region and a multi-factor region?

The difference between a single-factor and multi-factor region is that a single factor region is based on a single physical feature and characteristic. A multifactor regions is based on multiple physical features and characteristics.


Should western Europe be considered a single region?

Western Europe is a single region, so yes.


What are the functions of CSME?

what are the functions of Caribbean single market and ecomomy


Why is the interior West different from other economic regions in the US?

a dry climate affects economic activity in the broad Interior west. Ranching is more common than farming in this region. A single cattle or sheep ranch may cover 2,000 acres or more


What is a single region?

Kaliningrad, Russia


What are the advantages and disadvantages of the Caribbean single market economy?

Please give disadvantages concerning csme in the Caribbean economy. natural disasters markets are small