Once Jamaica received its independence from Great Britain, it lacked economic expertness to survive on its own. Great Britain had raped Jamaica of its natural resources, care them from self-sufficiency. Not being able to finance what it needed, Jamaica had no choice but to resort to the International Monetary Fund to seize on funds from, in order to have food, education, and health for its people. As a helping hand, the IMF instituted a five year class with Jamaica, putting tremendous restrictions on what the nation could spend the money on. This was no solution to their problem. They were forced to cut certain(p) programs and depreciate their currency, by expanding imports and diminishing exports. Their debt keeps rising and the capacity to export is neat increasingly less.

The people of Jamaica are entrapped in this vicious pass of being kept down because although they are trying to stand up themselves, they need to survive and thus, are forced to borrow money.
The U.S. make contracts with Jamaican farmers for vegetables, like cherry tomatoes, onions, honeydew melons, but quotas and certain standards for production were imposed. Jamaican products do non fulfill the requirements in order to trade with the rest of the world so the farmers had no legal right to bring it in. Because Jamaica is a small country, they not thrive by producing a lot itself with trade barriers and tariffs. In addition, Jamaican farmers are unable to sell or drive their products in their own markets because of foreign...If you want to get a full essay, order it on our website: Orderessay
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