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The Uruguay Round and NAFTA

The Challenge for Commonwealth Caribbean Countries

image of The Uruguay Round and NAFTA

This study provides a comprehensive analysis of the combined impact of the Uruguay Round and NAFTA on the Commonwealth Caribbean countries. It also makes recommendations on policy options available to them. It is hoped that the study will provide a good basis for member governments in this region in assessing the policy implications of the impending changes in the international training system in the context of their economies, and formulating appropriate responses.

English

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Trade in Services

Details are given for net balances in overall services and the transport and travel components. Details are given for net balances in overall services and the transport and travel components. The positive balances on the travel account are largely due to tourism which has been making an increasingly important contribution to the current account balances of several countries, in particular Barbados, Jamaica and the OECS Islands, over the past decade.

English

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