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12 marksEconomic Integration

CAPE Economics Unit 2 · 2012 · Paper 2 · Question 5(b)

Outline THREE benefits and THREE costs associated with economic integration.

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Other parts of this question

  1. 5(a)Explain what is meant by the term 'economic integration'.[3 marks]
  2. 5(c)Outline the THREE major stages of economic integration that CARICOM countries have attempted to achieve over the past 30 years.[6 marks]
  3. 5(d)Evaluate the extent to which CARICOM countries have achieved economic integration.[4 marks]

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