Economic environment

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Across
  1. 1. Canada must level the playing field and ensure that its exporters and investors have competitive terms of access to international markets
  2. 3. special areas within the customs territory of the Community. Goods placed within these areas are free of import duties, VAT and other import charges
  3. 6. This court is expected to serve as a court of last resort for Caribbean states, eventually replacing the Judicial Committee of the Privy Council in the United Kingdom
  4. 7. a product of the desire of the 28 Contracting States, Countries and Territories of the Greater Caribbean to enhance cooperation within the region
  5. 8. is awarded to companies that have achieved safety excellence by developing and implementing an effective Occupational Health & Safety Program (or System) within their organization
  6. 14. failed shortly thereafter in the early 1980s
  7. 16. the official currency of the eight political states in the Organization of Eastern Caribbean states (OECS)
  8. 17. is a biennial summit meeting of the heads of government from all Commonwealth nations.
  9. 18. was established by the Treaty of Basseterre
  10. 19. often emerges from an initial agreement between a number of separate states
  11. 20. the only international organization dealing with the global rules of trade between nations
  12. 21. is a multilateral agreement regulating international trade.
Down
  1. 1. groups of countries that share a single money
  2. 2. A measure that financial lenders use as a rule of thumb to give a preliminary assessment of whether a potential borrower is already in too much debt
  3. 4. The value of the currency fluctuates according to market forces and can change from day to day
  4. 5. The Fixed or pegged rate is a rate the government (central bank) of a country or group of countries sets and maintains as the official exchange rate
  5. 8. When a group of countries form a customs union they must introduce a common external tariff
  6. 9. established the Caribbean Community and Common Market, later known as CARICOM
  7. 10. a free trade area which comprises the entire continent and favors the progressive elimination of trade and investment barriers in the region.
  8. 11. coordinating economic policies and development planning; devising and instituting special projects for the less-developed countries within its jurisdiction
  9. 12. It will create one large market among the participating member states.
  10. 13. "The Fund"
  11. 15. a CARICOM approved award that represents achievement of a set of competencies which define core work practices of an occupational area
  12. 21. an economic and political organization designed to bring about discussion and effect change among the world's most powerful nations