Which of the Following Is NOT a Challenge Facing Caribbean

question 7

Multiple Choice

Which of the following is NOT a challenge facing Caribbean tourism?

• A)the vulnerability of the industry to external market forces (such as a 9/11 style attack or a global recession)that would lead to a dramatic drop in international arrivals
• B)a trend towards cruise ship visits which limits tourist interaction N both cultural and economic N with the local islanders
• C)capital leakage where most the profits rarely remain in the local economy
• D)a trend of Americans to either opt for domestic beach resorts and/or more exotic locales such as Costa Rica or the Persian Gulf
• E)geopolitical instability throughout the Caribbean Basin which has proven to be detriment to tourism

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Definitions:

Financial Institution

Organizations that conduct financial transactions, such as banks, credit unions, insurance companies, and investment firms.

Alimony

Payments made to a spouse or ex-spouse under a divorce or separation agreement. It is considered taxable income for the recipient and tax deductible for the payor.

Divorce Agreement

A legal document outlining the division of assets, spousal support, and other arrangements agreed upon by individuals undergoing a divorce.

Child Support

Financial contributions required by law to be made by a non-custodial parent to support their minor child or children.