CARICOM
A) has succeeded in removing nearly all barriers to Caribbean trade.
B) was initiated in the late 1940s.
C) includes nearly all of the Caribbean nations.
D) was formed to set environmental standards for the Caribbean.
E) was formed by former British colonies.

Question

Quizplus · Accepted Answer

CARICOM, or the Caribbean Community, was formed in 1973 by former British colonies in the Caribbean. While it aims to promote economic integration and cooperation, it has not yet succeeded in removing all barriers to trade within the region. It includes 15 member states and 5 associate members, which are primarily Caribbean nations. Its focus is broader than just setting environmental standards, as it seeks to promote political cooperation, social development, and cultural integration as well.