ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The Caribbean sugar industry has primarily been export based, but now has largely been replaced by the tourism industry. However sugar continues to be exported to European, U.S. buyers and other CARICOM islands, while domestic consumption continues to be satisfied more by imports than production.

Detailed explanation-2: -Sugar is traded and is a protected good within CARICOM. Around 20, 000 to 40, 000 tonnes of sugar is exported from Belize, Guyana, Jamaica, and Barbados to other CARICOM members per year.

Detailed explanation-3: -As a result, Haiti lost its place as the leading sugar producer in the world. After the end of slavery in Saint Domingue at the turn of the 19th century, with the Haitian Revolution, Cuba became the most substantial sugar plantation colony in the Caribbean, outperforming the British islands.

Detailed explanation-4: -The first known sugar cane mills in the region began operating in 1506 in the Spanish colony of Santo Domingo, while the English began producing sugar in Barbados in 1627. In 1639, the French followed suit, first in Martinique and then in Guadeloupe.