Stages/Attempts at regional integration Flashcards
(7 cards)
What are the 6 attempts at regional integration
1.West Indies Federation[WIF]
2.Caribbean Free Trade Area[CARIFTA]
3.Caribbean Community[CARICOM]
4. Organisation of Eastern Caribbean States[OECS]
5. Association of Caribbean States[ACS]
6.The CARICOM Single Market and Economy[CSME]
When was West indies federation made
1958-1962
When was Caribbean Free Trade Area made
1968-1973
When was Organization of Eastern Caribbean States made
1981
When was Association of Caribbean States made
1995
When was the CARICOM Single Market and Economy made
1989
What are the benefits of regional integration
1.Reduction in unemployment and underemployment
2.Improvement in the quality of life
3.Increased market size
4.Expansion of trade