[Sunday, February 11, 2024

Social Studies (Homework)

1. Define the following:

Regional integration - the joining of individual states within a region into a larger whole.

Economic integration – process in which two or more states in a broadly defined geographic area
reduce a range of trade barriers to advance or protect a set of economic goals.

Trade Bloc – institutions of a number of countries sharing economic and political aims, achieved
through shared trading practices.

Federation – a new state (political system) that is formed through a treaty or an agreement
between the various units.

Bilateral Agreement – an agreement between two parties.

Unilateral Agreement – an agreement in which one party, known as the offeror, makes a promise
in exchange for the performance of a specific act by the other party, known as the offeree.

Treaty – A formally concluded or ratified agreement between countries.

Globalization – the process of countries coming together through communications, finance and
commerce and a unification of the world’s economic order.

Tariff – a tax charged on goods or services as they move from one country to another.

2. Find the meaning:

CARICOM – Caribbean Community and Common Market

WIF – West Indies Federation

OECS – Organization of Eastern Caribbean States

ACS – The Association of Caribbean States

CSME – CARICOM Single Market and Economy

CARIFTA – The Caribbean Free Trade Association

3. Identify members of the above associations.

CARICOM – Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Haiti,
Jamaica, Grenada, Guyana, Montserrat, St. Lucia, Suriname, St. Kitts and Nevis, St. Vincent
and the Grenadines, and Trinidad and Tobago.

WIF – Antigua and Barbuda, Barbados, Dominica, Grenada, Jamaica, Montserrat, St. Kitts -
Nevis- Anguilla, St. Lucia, St. Vincent and the Grenadines and Trinidad and Tobago.

OECS – Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St. Kitts
and Nevis, St Lucia and St. Vincent and the Grenadines. British Virgin Islands

ACS - Antigua and Barbuda, The Bahamas, Barbados, Belize, Colombia, Costa Rica, Cuba,
Dominica, Dominican Republic, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras,
Jamaica, Mexico, Nicaragua, Panama, St. Kitts and Nevis, St. Lucia, St. Vincent and the
Grenadines, Suriname, Trinidad and Tobago, Venezuela.

CSME – Antigua and Barbuda, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana,
Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines,
Suriname, and Trinidad and Tobago.

CARIFTA – Jamaica, Trinidad and Tobago, Barbados, Guyana, Dominica, Grenada,

Montserrat, St. Lucia, St. Vincent and the Grenadines, Antigua and Barbuda, St. Kitts-Nevis-
Anguilla,