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CAPE Economics Unit 2 · 2011 · Paper 2 · Question 5(c)(ii)

Describe three ways in which the recent global financial crisis has negatively impacted the balance of payments of Caribbean countries.

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Other parts of this question

  1. 5(a)Outline three major features of globalization.[6 marks]
  2. 5(b)Identify three major factors that have driven the process of globalization and evaluate the effectiveness of each factor.[12 marks]
  3. 5(c)(i)Define the term 'balance of payments'.[1 mark]

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