AGRICULTURAL ASSIGNMENT

Name: Taijhoun Morris

Pool: 4

Grade: 11
 Importance of International Trade Agreements

On the Agricultural sector

Global and regional accords lay forth the guidelines for nation’s trade policies and specify the
agricultural policy space that can be used to achieve goals for food security. Hence, it’s crucial to
strike a balance between achieving national policy goals and complying with trade agreement
responsibilities. This course provides information on how agriculture is viewed in regional trade
agreements (RTAs) and the Agreement on Agriculture (AOA) of the World Trade Organization (WTO)
It also aims to assist policymakers in creating and implementing effective strategies for agricultural
development and food security.

On the people of the Caribbean

Caribbean nations’ development and efforts to combat poverty depend heavily on trade. They
depend on exports in order to manufacture manufactured goods at an efficient scale given their tiny
market size. They also depend heavily on tourism as a driver of economic activity, given their natural
resources. As a result, through promoting growth, trade in the Caribbean is a crucial factor in
boosting employment and lowering poverty. Caribbean economies are also particularly susceptible
to outside shocks due to their significant reliance on trade. For instance, the global financial crisis
resulted in huge job losses in industries like tourism, which provide employment for the
underprivileged.
 Caribbean Single Market and Economy
(CSME)
The Caribbean Single Market and Economy (CSME) is an initiative of the Caribbean Community and
Common Market (CARICOM) that would integrate member-states into a single economic unit. The
end result would be the free movement of capital, services, technology and skilled professionals
within the region. This development strategy was envisioned at the 10 th Meeting of the Conference
of Heads of Government of the Caribbean Commun ity which took place in July 1989 in Grand Anse,
Grenada.