Regional Integration in the Caribbean Region Essay

Bilateral agreements focus on economic integration, while multilateral agreements focus on political integration.

Bilateral agreements involve two countries, while multilateral agreements involve more than two countries. (correct)

Bilateral agreements are easier to implement than multilateral agreements.

Bilateral agreements are always successful, while multilateral agreements face challenges.

Access to new technologies and resources (correct)

Decreased cooperation with neighboring countries

Limited economic growth opportunities

Increased cultural isolation

Disagreements among the countries involved

Abundance of currencies in the region (correct)

Scarce resources and lack of common markets

Absence of political unity among the states

<p>To enhance economic growth and development</p> Signup and view all the answers

<p>Put pressure on their governments to promote regional cooperation</p> Signup and view all the answers

<p>By bringing together resources and technology for mutual benefit</p> Signup and view all the answers

<p>Enhanced economic cooperation among Caribbean states</p> Signup and view all the answers

<p>To foster mutual understanding and collaboration</p> Signup and view all the answers