History of Integration
What was the first major attempt at regional integration in the Caribbean?
The West Indies Federation (1958-1962)
What is the highest decision-making body of CARICOM?
The Conference of Heads of Government
What is the economic arrangement that allows free movement of goods, services, and people within CARICOM?
The CARICOM Single Market and Economy (CSME)
What is a major political challenge in regional integration?
National sovereignty concerns.
What is one major social benefit of integration?
Increased regional cooperation in education and health.
In what year was CARICOM officially established?
1973
What institution is responsible for CARICOM’s judicial matters?
The Caribbean Court of Justice (CCJ)
How does regional integration benefit Caribbean businesses?
It provides a larger market and reduces trade barriers.
Why do some CARICOM members hesitate to fully adopt the CSME?
Fear of economic imbalance and migration issues.
How does integration improve transportation and trade?
It reduces tariffs and streamlines shipping regulations.
What treaty established CARICOM?
The Treaty of Chaguaramas
Which organ of CARICOM oversees foreign relations and trade policies?
The Council for Trade and Economic Development (COTED)
Name one challenge Caribbean countries face in implementing the CSME.
Differences in economic development levels among member states.
What issue arises due to economic disparity among CARICOM states?
Unequal benefits from trade agreements.
What is one cultural advantage of regional integration?
Promotion of Caribbean identity and unity.
Which regional organization preceded CARICOM?
The Caribbean Free Trade Association (CARIFTA)
What is the main financial institution supporting CARICOM integration?
The Caribbean Development Bank (CDB)
Which sector benefits the most from regional integration?
Trade and manufacturing industries.
How do language differences affect integration?
They create communication barriers, especially with non-English-speaking members.
How does integration help in global negotiations?
It strengthens the Caribbean’s collective bargaining power.
Which four countries were the original signatories of the Treaty of Chaguaramas?
Barbados, Guyana, Jamaica, and Trinidad & Tobago
Where is the CARICOM Secretariat located?
Georgetown, Guyana
What role does the Caribbean Development Bank play in economic integration?
It provides funding for development projects and economic stability.
Why is there limited public support for deeper integration?
Lack of awareness and political will.
What is a long-term goal of Caribbean integration?
The creation of a unified economic and political bloc.