CAPE Economics Unit 2 · 2011 · Paper 2 · Question 5(a)
Outline three major features of globalization.
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- 5(b)Identify three major factors that have driven the process of globalization and evaluate the effectiveness of each factor.[12 marks]
- 5(c)(i)Define the term 'balance of payments'.[1 mark]
- 5(c)(ii)Describe three ways in which the recent global financial crisis has negatively impacted the balance of payments of Caribbean countries.[6 marks]
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