Examines economic dependency of Caribbean nations on the US, consequences of the Caribbean Basin Initiative, and likely effects of NAFTA and the Free Trade Area of the Americas (FTAA) on the Caribbean region.
African American Research Center, Library, University of Illinois at Urbana-Champaign
Notes:
23 p., The Caribbean Basin has benefited from multiple preferential trade arrangements, the first being the Caribbean Basin Initiative (CBI), passed by Congress in the Caribbean Basin Economic Recovery Act of 1983 followed by the Caribbean Basin Trade Partnership Act (CBTPA) of 2000, which provides tariff preferences for imports of apparel products, and the Haiti HOPE Act of 2006 (amended in 2008 and 2010), which gives even more generous preferences to imports of Haitian apparel.
