A Jamaican manufacturer wishes to export rum to Barbados without paying customs duties. This is made possible through which CARICOM arrangement?

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Question

A Jamaican manufacturer wishes to export rum to Barbados without paying customs duties. This is made possible through which CARICOM arrangement?

Accepted Answer

The CARICOM Single Market and Economy (CSME) — Award 1 mark for identifying CSME as the arrangement allowing free movement of goods. A is incorrect — the CCJ deals with legal matters, not trade. C is incorrect — the ACS is a broader grouping that includes non-CARICOM states. D is incorrect — the CDB provides development financing, not trade facilitation.

Answer

The Caribbean Court of Justice

Answer

The CARICOM Single Market and Economy (CSME)

Answer

The Association of Caribbean States

Answer

The Caribbean Development Bank

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