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CAPE Management of Business Unit 1 · 2008 · Paper 2 · Question 1(a)

Due to globalisation and trade liberalisation, Caribbean businesses are adapting to maintain competitiveness.

Identify THREE disadvantages associated with trade liberalisation and outline TWO ways in which EACH disadvantage can negatively affect Caribbean businesses' operations.

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Other parts of this question

  1. 1(b)Discuss TWO benefits of globalization to Caribbean countries.[6 marks]
  2. 1(c)Justify ONE action that a business can take in order to remain competitive.[4 marks]

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