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Caribbean Development: True or False

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Caribbean Development: True or False

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Quick true/false on Caribbean development strategies.

Created by

Montex
Montex
Canada

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Caribbean Development: True or False
 

Caribbean Development: True or FalseOnline version

Quick true/false on Caribbean development strategies.

by Montex
1

MuST (Multi-Sector Skill Training) is a training program mentioned for the unemployed.

2

Foreign direct investment inevitably leads to brain drain in Caribbean economies.

3

Caribbean governments never use foreign borrowing to support development projects.

4

FDI involves a parent firm setting up a subsidiary in a host country, forming a transnational corporation.

5

Export-led growth increases the earnings of domestic firms, creates employment, and promotes real GDP per capita growth.

6

The World Bank provided loans to Caribbean countries, including a US$20 million HIV/AIDS prevention and control loan to Trinidad and Tobago in 2003.

7

The Micro Enterprise Training & Development Grant is a program exclusive to Jamaica.

8

Provision of social services such as free education and health care is part of poverty alleviation strategies discussed.

9

The development strategy relies on protectionist policies to shield local industries from competition.

10

FDI always harms local small firms and prevents them from growing.

 
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