Donna Marr emigrated from the Caribbean to Toronto in her twenties to pursue employment opportunities and have a better life. Donna has achieved her career goals in Toronto and has been able to help support her extended family financially in the Caribbean through regular remittances over the past 20 years. An island girl at heart, Donna would like to retire in the Caribbean within the next 15 years, in this regard she has opened a deferred annuity retirement account with a major Caribbean insurance company and is considering further equity and bond investments in the Caribbean in preparation for her retirement. During a recent family reunion trip, Donna shared her investment and retirement plans with her nephew Steven who is a second-year student at the UWI faculty of Social Sciences. Stevens reply was as follows: Aunty Donna I have just completed a course in Financial Institutions & Markets, and I can give you three good reasons NOT to invest in the Caribbean: (1) No one knows how interest rates are determined in the Caribbean. (2) Caribbean banks are poorly regulated resulting in frequent financial crises. (3) Caribbean stock markets show zero signs of market efficiency. In other words, Aunty Donna, our financial systems in the Caribbean are weak. Write your views reflecting on Stevens response. Illustrate and support your position with reference to any one Caribbean country of your choice. Each key point made in the subject argument is analyzed using appropriate theory to either support or refute. Clearly state your position and offer an explanation as to why a view opposite to yours may be possible.