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Caribbean Trade and Investment Quiz
Author :
Sukanya Mcleish
1.
What is the main purpose of international trade?
A
To exchange goods and services between countries
B
To reduce unemployment
C
To increase domestic production
2.
Which of the following is a benefit of foreign investment in the Caribbean?
A
Decreased competitiveness of local industries
B
Increased dependency on foreign countries
C
Job creation and economic growth
3.
What is the impact of international trade on the Caribbean economy?
A
Increased export opportunities
B
Decreased foreign direct investment
C
Higher inflation rates
4.
What is the role of foreign investment in the Caribbean?
A
To discourage tourism
B
To promote self-sufficiency
C
To attract capital and technology
5.
Which sector in the Caribbean benefits the most from international trade?
A
Tourism
B
Agriculture
C
Manufacturing
6.
What is one potential risk of foreign investment in the Caribbean?
A
Higher taxes
B
Loss of cultural identity
C
Increased government regulation
7.
Which country is the largest trading partner of the Caribbean?
A
United Kingdom
B
China
C
United States
8.
What is the main source of foreign investment in the Caribbean?
A
European Union
B
Canada
C
United States
9.
What is the Caribbean Single Market and Economy (CSME)?
A
A currency union
B
A trade agreement with the United States
C
A regional integration initiative
10.
What is the main challenge for the Caribbean in attracting foreign investment?
A
Limited infrastructure
B
Political instability
C
High labor costs