Which Caribbean Country Has the Largest Number of Tourist Arrivals

question 8

Multiple Choice

Which Caribbean country has the largest number of tourist arrivals?

• A)Jamaica
• B)Bahamas
• C)Dominican Republic
• D)Cuba
• E)Cayman Islands

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Definitions:

Laffer Curve

A theoretical representation of the relationship between tax rates and tax revenue, suggesting that lower tax rates can lead to higher revenues under certain conditions.

Tax Rates

The percentage at which an individual or corporation is taxed, which can vary depending on the type of tax and jurisdiction.

Tax Revenue

Government income generated from taxes levied on individuals and businesses.

Economic Instability

A situation where there is a high degree of unpredictability or fluctuation in the economic performance of a country, often characterized by high inflation, unemployment, and erratic growth.