Did the COVID-19 pandemic create new globalization opportunities for growth in your Caribbean territory? YES/NO Based on your answer, write an answer that identifies those accepts that contribute to the growth, expansion and advancement of your local economy. On the contrary, if you do not believe that new opportunities were created, write an answer that identifies those accepts that negatively contributed to the negative growth, contraction and deceleration of our local economy Please explain

Did the COVID-19 pandemic create new globalization opportunities for growth in your Caribbean territory? YES/NO Based on your answer, write an answer that identifies those accepts that contribute to the growth, expansion and advancement of your local economy. On the contrary, if you do not believe that new opportunities were created, write an answer that identifies those accepts that negatively contributed to the negative growth, contraction and deceleration of our local economy Please explain

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter33: International Trade

Section: Chapter Questions

Problem 7SCQ: If the removal of trade banters is so beneficial to international economic growth, why would a...

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By taking into consideration the history of the Caribbean, the economic theories underpinningCaribbean development as well as the features of the typical Caribbean economy, construct ahypothetical (ideal) economic model that you consider suitable for the economic development ofthe Caribbean. Ensure that you carefully explain/justify the reasoning behind the development ofyour model.You will now need to analyse your new model. Be sure to clearly show how your “new”model improves on the other models that exist ( charts or graphs of necessary)
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S– If the statement is SUPPORTEDby information in the source materialR– If the statement is REFUTEDby information in the source materialN– If the statement is NEITHERsupported nor refuted by the source material Globalization: Boon or BaneGlobalisation as a term has been defined and described by scholars, policy makers and businesses depending on the benefits that they have been seeking from it. While economists and businessmen have viewed globalisation as the removal of barriers to free trade and as a means to create one global market, sociologists have described it as the intensification of worldwide social relations where local events are shaped by happenings in distant places. It is a fact, however, that the economic benefits and consequences of globalisation and global economy have occupied most of the media and mind space of the participating nations.Such preoccupation with economic activity has prompted UNDP to remark in one of its reports that globalisation, while enhancing the…
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Did the COVID-19 pandemic create new globalization opportunities for growth in yourCaribbean territory? Choose YesBased on your answer, please explain what identifies those accepts that contribute to thegrowth, expansion and advancement of your local economy.
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