Podcast
Questions and Answers
What is the Herfindahl index used to measure in the context of international tourism?
What is the Herfindahl index used to measure in the context of international tourism?
Which of the following sectors is NOT mentioned as a potential beneficiary of international tourism?
Which of the following sectors is NOT mentioned as a potential beneficiary of international tourism?
Which type of tourism has been identified as particularly beneficial to productivity in Caribbean countries?
Which type of tourism has been identified as particularly beneficial to productivity in Caribbean countries?
What has Barbados been exploring to strengthen its export sector?
What has Barbados been exploring to strengthen its export sector?
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What is one of the reasons for the success of Barbados' fertility center?
What is one of the reasons for the success of Barbados' fertility center?
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What was the growth rate of the wellness industry from 2013 to 2015?
What was the growth rate of the wellness industry from 2013 to 2015?
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Which aspect of tourism is described as having an extensive margin?
Which aspect of tourism is described as having an extensive margin?
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What is one of the benefits of automation and artificial intelligence?
What is one of the benefits of automation and artificial intelligence?
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What role does a Port Community System play?
What role does a Port Community System play?
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What is noted about the impact of tourism on growth and productivity?
What is noted about the impact of tourism on growth and productivity?
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According to economic literature, what is one effect of trade?
According to economic literature, what is one effect of trade?
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What major challenge do small and developing economies face regarding exports?
What major challenge do small and developing economies face regarding exports?
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What is the significance of the Caribbean Single Market and Economy?
What is the significance of the Caribbean Single Market and Economy?
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What is a misconception about the relationship between medical tourism and economic growth?
What is a misconception about the relationship between medical tourism and economic growth?
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What is a potential benefit of environmental sustainability practices in tourism?
What is a potential benefit of environmental sustainability practices in tourism?
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In the context of regional integration, what is one potential outcome for CARICOM member states?
In the context of regional integration, what is one potential outcome for CARICOM member states?
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What was the highest percentage of tariffs imposed on Latin American exporters in 2015 according to the data?
What was the highest percentage of tariffs imposed on Latin American exporters in 2015 according to the data?
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Which country had the lowest tariff imposed on its exports in 2015 based on the information provided?
Which country had the lowest tariff imposed on its exports in 2015 based on the information provided?
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Which of the following countries is NOT listed among the Latin American exporters in 2015?
Which of the following countries is NOT listed among the Latin American exporters in 2015?
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Which figure represents the tariffs imposed on Barbadian exports in 2015?
Which figure represents the tariffs imposed on Barbadian exports in 2015?
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Which Latin American country's exports were subject to tariffs of 5% in 2015?
Which Latin American country's exports were subject to tariffs of 5% in 2015?
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How many countries are represented in the tariff data for Latin American exporters in 2015?
How many countries are represented in the tariff data for Latin American exporters in 2015?
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What key resource was used to calculate the tariffs imposed in 2015?
What key resource was used to calculate the tariffs imposed in 2015?
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Which percentage figure does NOT represent a tariff imposed on Latin American exporters in 2015?
Which percentage figure does NOT represent a tariff imposed on Latin American exporters in 2015?
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Which service category had the highest export value in 2012?
Which service category had the highest export value in 2012?
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What was the trend in exports for Telecommunications services from 2000 to 2013?
What was the trend in exports for Telecommunications services from 2000 to 2013?
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In what year did the export value for Maintenance Services first exceed $5 million?
In what year did the export value for Maintenance Services first exceed $5 million?
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What was the percentage share of Agriculture in GDP in 2016?
What was the percentage share of Agriculture in GDP in 2016?
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Which category contributed the least to the total exports of services in 2013?
Which category contributed the least to the total exports of services in 2013?
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What was the total export value of Services in 2005?
What was the total export value of Services in 2005?
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Which year showed a significant drop in Travel exports compared to 2010?
Which year showed a significant drop in Travel exports compared to 2010?
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What percentage of imports from Barbados was covered under the CBI program in 2017?
What percentage of imports from Barbados was covered under the CBI program in 2017?
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What is the first step in calculating the weighted average tariff faced by an exporter?
What is the first step in calculating the weighted average tariff faced by an exporter?
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In the calculation of tariffs, what does the variable $E_{tiw}$ represent?
In the calculation of tariffs, what does the variable $E_{tiw}$ represent?
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Why is distance adjusted in the calculation of weighted average tariffs?
Why is distance adjusted in the calculation of weighted average tariffs?
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What does the term $tt_{ij}$ represent in the calculations?
What does the term $tt_{ij}$ represent in the calculations?
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What purpose does selecting the exporter’s trade shares with the world serve in the tariff calculation?
What purpose does selecting the exporter’s trade shares with the world serve in the tariff calculation?
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Which type of tariff is used for calculating $tt_{ij}$ when there is a Free Trade Agreement (FTA) between countries?
Which type of tariff is used for calculating $tt_{ij}$ when there is a Free Trade Agreement (FTA) between countries?
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In Stage 2 of calculating weighted average tariffs, what is the significance of $I_{twj}$?
In Stage 2 of calculating weighted average tariffs, what is the significance of $I_{twj}$?
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What does the variable $d_{ij}$ indicate in the tariff calculation process?
What does the variable $d_{ij}$ indicate in the tariff calculation process?
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What is the primary role of the weighted average tariff indicator?
What is the primary role of the weighted average tariff indicator?
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In the first stage of calculating the weighted average tariff, what is used to weight the applied tariffs?
In the first stage of calculating the weighted average tariff, what is used to weight the applied tariffs?
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What does the term $E_{tiw_k}$ represent in the tariff calculation process?
What does the term $E_{tiw_k}$ represent in the tariff calculation process?
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What is meant by the distance-adjusted exports in the context of tariff calculations?
What is meant by the distance-adjusted exports in the context of tariff calculations?
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Why is the distance between countries considered in tariff calculations?
Why is the distance between countries considered in tariff calculations?
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What does the term $tt_{ijk}$ signify in the context of the tariff calculation?
What does the term $tt_{ijk}$ signify in the context of the tariff calculation?
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What stage follows the calculation of weighted average tariffs on individual products?
What stage follows the calculation of weighted average tariffs on individual products?
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What is the purpose of selecting exporters' trade shares with the world as weights?
What is the purpose of selecting exporters' trade shares with the world as weights?
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Which country had the highest trade as a share of GDP in 2016 among the listed comparator countries?
Which country had the highest trade as a share of GDP in 2016 among the listed comparator countries?
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What was Barbados' trade as a share of GDP in 2015?
What was Barbados' trade as a share of GDP in 2015?
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Among the countries listed, which had the lowest trade as a share of GDP in 2016?
Among the countries listed, which had the lowest trade as a share of GDP in 2016?
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What could be inferred about the overall trade trends in these Caribbean countries based on the data presented?
What could be inferred about the overall trade trends in these Caribbean countries based on the data presented?
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Which country had a trade as a share of GDP of 125% in 2016?
Which country had a trade as a share of GDP of 125% in 2016?
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What can be inferred about Barbados' export market based on the distribution indicated by the Herfindahl index?
What can be inferred about Barbados' export market based on the distribution indicated by the Herfindahl index?
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How does GDP per capita relate to trade performance according to the figures presented?
How does GDP per capita relate to trade performance according to the figures presented?
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What does the red dot represent in the context of the Herfindahl values shown for Barbados?
What does the red dot represent in the context of the Herfindahl values shown for Barbados?
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What method was used to estimate the fitted curve related to export concentration?
What method was used to estimate the fitted curve related to export concentration?
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What does the vertical axis of Figure 3 represent in relation to export market dynamics?
What does the vertical axis of Figure 3 represent in relation to export market dynamics?
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Which of the following countries had a tariff imposed on their exports in 2015 that was greater than 10%?
Which of the following countries had a tariff imposed on their exports in 2015 that was greater than 10%?
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What was the highest percentage of tariffs imposed on Latin American exporters in 2015?
What was the highest percentage of tariffs imposed on Latin American exporters in 2015?
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Which country had its exports subjected to a tariff of 8% in the 2015 data?
Which country had its exports subjected to a tariff of 8% in the 2015 data?
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Identify the country that faced the lowest tariff imposed on its exports in 2015 among the listed options.
Identify the country that faced the lowest tariff imposed on its exports in 2015 among the listed options.
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Which of the following Latin American countries had a tariff as high as 5% on their exports in 2015?
Which of the following Latin American countries had a tariff as high as 5% on their exports in 2015?
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What percentage of Barbados' GDP was generated by the services sector in 2016?
What percentage of Barbados' GDP was generated by the services sector in 2016?
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What percentage tariff did the exports of Barbados face in 2015 according to the data?
What percentage tariff did the exports of Barbados face in 2015 according to the data?
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Which sector has been consistently contracting since 2010 in Barbados?
Which sector has been consistently contracting since 2010 in Barbados?
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Which of the following countries is NOT listed among the Latin American exporters subject to tariffs in 2015?
Which of the following countries is NOT listed among the Latin American exporters subject to tariffs in 2015?
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Which of the following contributed to 12 percent of GDP at constant prices in Barbados in 2016?
Which of the following contributed to 12 percent of GDP at constant prices in Barbados in 2016?
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What has been the trend of the 'Other Business Services' sector in Barbados?
What has been the trend of the 'Other Business Services' sector in Barbados?
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Which country had its exports subjected to a higher tariff than Barbados in 2015?
Which country had its exports subjected to a higher tariff than Barbados in 2015?
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What major economic challenge do small economies like Barbados face?
What major economic challenge do small economies like Barbados face?
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What impact does export concentration have on small economies?
What impact does export concentration have on small economies?
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In what year did the service sector's contribution to Barbados' GDP start increasing consistently?
In what year did the service sector's contribution to Barbados' GDP start increasing consistently?
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What percentage of GDP did agriculture and manufacturing each account for in Barbados in 2016?
What percentage of GDP did agriculture and manufacturing each account for in Barbados in 2016?
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Which aspect of tourism does the term 'intensive margin' refer to?
Which aspect of tourism does the term 'intensive margin' refer to?
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What positive impact does tourism have according to studies focusing on Caribbean countries?
What positive impact does tourism have according to studies focusing on Caribbean countries?
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In which industry is Barbados likely to achieve further growth based on its existing comparative advantage?
In which industry is Barbados likely to achieve further growth based on its existing comparative advantage?
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What percentage of clients at Barbados' fertility center comes from overseas?
What percentage of clients at Barbados' fertility center comes from overseas?
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What was the growth rate of the wellness sector from 2013 to 2015?
What was the growth rate of the wellness sector from 2013 to 2015?
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Which of the following sectors is included in the broadly defined health and wellness tourism?
Which of the following sectors is included in the broadly defined health and wellness tourism?
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What factor is cited as contributing to the success of Barbados' fertility center?
What factor is cited as contributing to the success of Barbados' fertility center?
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Which of the following activities could yield significant dividends in the tourism sector?
Which of the following activities could yield significant dividends in the tourism sector?
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What was the trend in Barbadian tariffs on imports from 2001 to 2015?
What was the trend in Barbadian tariffs on imports from 2001 to 2015?
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What was the maximum tariff rate recorded in the figures for Latin America in 2015?
What was the maximum tariff rate recorded in the figures for Latin America in 2015?
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How many days does it typically take to import goods into Barbados?
How many days does it typically take to import goods into Barbados?
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What was the observed cost to import goods into Barbados as indicated in the data?
What was the observed cost to import goods into Barbados as indicated in the data?
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In the visual representation of tariffs charged on imports, which country is directly associated with the BRB code?
In the visual representation of tariffs charged on imports, which country is directly associated with the BRB code?
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Which country was noted to have a tariff rate closest to that of Barbados in 2015?
Which country was noted to have a tariff rate closest to that of Barbados in 2015?
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What pattern can be inferred regarding the tariffs in Latin America compared to Barbados?
What pattern can be inferred regarding the tariffs in Latin America compared to Barbados?
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Which of the following countries is depicted with a significantly lower tariff rate than Barbados in the 2015 data?
Which of the following countries is depicted with a significantly lower tariff rate than Barbados in the 2015 data?
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