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Jamaica Broilers increases Caribbean exports. The Jamaica Broilers group sales topped $10 billion in the rst quarter ending in July; a double- digit increase that
Jamaica Broilers increases Caribbean exports. The Jamaica Broilers group sales topped $10 billion in the rst quarter ending in July; a double- digit increase that came as the poultry company sold more eggs regionally. Revenue for the group increased by 12% relative to 8.9 billion of sales in the July 2015 quarter. The results were due mainly to the removal of trade barriers as Jamaica Broilers nally got their products to be accepted in other Caribbean markets. In January 2015 the export of eggs was reduced to the region because of lack of quality assurance. Trinidad and Barbados along with Haiti claimed that the storage of the eggs from Caribbean Broilers were not of the standard set by CARICOM countries. Caribbean Boilers had to implement modern equipment that keep their eggs fresh and of the highest quality. However, this instrument paid o' and the increase in revenue and sales for Jamaica Boilers began to expand their infrastructures. The company project to employment of workers to be increased by 1 1%. This is a welcomed sign, to the parish of St. Catherine that experienced high unemployment rate. A. Explain how being a member of CARICOM facilitates an increase in the sale of eggs from Jamaica Broilers. (3 marks) B. Provide THREE [3! reason for Trinidad and Barbados wanting to place restrictions on eggs from Jamaica Broilers. (1'2 marks)
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