POL201Y1 Lecture : Jamaica and the movie"Life and Death"

48 views4 pages
26 Apr 2011
School
Course
Professor

Document Summary

as the debt is rising the capacity to export is decreasing. everything they eat comes from a ship from miami. they do not have a proper sewage disposal system. they cannot produce or sell in their own free market. imf made them reduce their trade barriers. foreign/imported foods are cheaper than the local. they import seeds and fertilizers hence the high cost. the farming section is nearly wiped out. they do not have machinery for farming like most of the countries. world bank was willing to loan 50 million dollars to help the agriculture but they had to lower their trade barriers. a guaranteed market for bananas in europe. american companies own 95% of the world banana import/market. us has about 17% of the votes in i mf, all the countries have votes according to their respective size.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents

Related Questions