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5 marksEconomic Integration

CAPE Economics Unit 2 · 2007 · Paper 2 · Question 5(a)

Question 5 explores economic integration stages, benefits and costs, Caribbean integration, and globalization.

Explain what is meant by economic integration.

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Other parts of this question

  1. 5(b)Discuss three benefits and two costs of economic integration.[15 marks]
  2. 5(c)Describe the various stages of economic integration of Caribbean countries up to the level of the Caribbean Single Market and Economy (CSME).[15 marks]
  3. 5(d)Discuss the forces driving the worldwide trend towards greater economic integration known as 'globalisation'.[15 marks]

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