ANSWER EACH QUESTION INDIVIDUALLY 1. What are the 2 factors contributing to our
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ANSWER EACH QUESTION INDIVIDUALLY
1. What are the 2 factors contributing to our modern era of globalization?
How does our modern era of globalization differ from previous eras?
What are the defining characteristics of the liberal view of the global economy?
What is the Bretton Woods system, and why was it created? What are the 3 institutions part of this system?
What is the WTO? What previous organization did it replace and WHY?
What are the benefits and drawbacks of the WTO?
What is the main difference between the IMF and the World Bank?
What was the Washington Consensus period of the IMF? What are structural adjustments?
What are the 3 types of regional economic integration?
Discuss the European Union. Why is it classified as a supranational organization? How many members does it have? Where has the EU been successful? In what ways is there room for improvement?
What are the defining characteristics of the realist view of the global economy?
What are the defining characteristics of the neo-Marxist view of the global economy?