Too muchof the land is owned by corporations outside the Caribbean, so all the revenue created on the land, in the form of hotels and tourism immediately leaves the Caribbean and finds its way into an offshore account instead of circulating in the Caribbean.
state three ways in which Caribbean country may benefit by removing the barriers to inter regional trade
Brain Drain
From the resources that the environment holds, and from the profits it makes from tourism.
From the resources that the environment holds, and from the profits it makes from tourism.
the use if tariffs has increased trade
it helps in the countries economy to increased and benefit from the money they get
the use if tariffs has increased trade
MDC countries in the Caribbean refer to the More Developed Countries in the region, which typically include nations like Barbados, Trinidad and Tobago, and the Bahamas. These countries tend to have higher levels of industrialization, better infrastructure, and more advanced economies compared to their Less Developed Country (LDC) counterparts. MDCs often benefit from tourism, finance, and manufacturing, playing a significant role in the Caribbean economy.
Because countries cannot produce everything it needs they specialize in what they can produce most efficiently.
It will not benefit from its increased throughput capability but it will benefit from the signal enhancement as it is the transmittor so lnog as the receiver is in range.
The economic term that describes the increased benefit or satisfaction we the peopleÊwill enjoy as a result of consuming more than one of something is called as marginal benefit. It gives the extra benefit gained in the consumption of one more unit and works better than calculating the average benefit, in this case.
increased agility