Economics and the Caribbean Integration problem

There are four fundamental principles that governs the economics discipline. They are as follows:

All economic behaviours can be grouped under one or more of these principles. In the case of the Caribbean Single Market and Economy (CSME), it could be viewed that opening one’s borders to free movement of people, goods and services should make everyone benefit. Since such a measure should increase competition, productivity and efficiency among firms selling in a larger market. Read more of this post