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Essay / Research Paper Abstract
This 8 page paper looks at the Caribbean Community and Common Market (CARICOM). The first part of the paper examines the historical development, members and the main imports and exports of the members. The paper also considers the potential benefits to a potential new member. The bibliography cites 4 sources.
Page Count:
8 pages (~225 words per page)
File: TS14_TECARICOM.rtf
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Unformatted sample text from the term paper:
it is important that they understand the development nature and purpose of the organisation and the potential of their main product that of New Carabia may have in the trading
area. The development of CARICO has its foundations in the creation of the British West Indies Federation which too took place in 1958 and the idea of regional
integration taking place in the Caribbean (CPMUC, 2005). There was a plan drawn up for a customs union, but the development of the area remained the same with little actually
changing during the period the Federation lasted and by the time it came to an end in 1962 there had been no economic changes (CPMUC, 2005). This may be seen
as a separate development from CARICOM, but it was the birth of the idea for the area and it was following the end of the federation that the political leaders
in the area in order to develop the ties between the islands (CPMUC, 2005). During the middle of 1962 the Common Services Conference took place in order to discuss
the way co-operation could be enhanced, and several development take place as a result of the conference, the University of the West Indies along with the Regional Shipping Service (which
was set up as a part of the defunct federation) came together to control the operations of two ships; the Federal Palm and the federal Maple, these were ships that
had been donated by Canada (CPMUC, 2005). The next year, in 1963, the Caribbean Meteorological Service was founded, and is an indicator of the increased levels of co-operation
that were taking place (CPMUC, 2005). As well as this the conference also resulted in agreements for the co-operation that had take place under the federation, to continue (CPMUC, 2005).
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