Mid-Term Exam

Mid-Term Exam

Question 1 of 10 10.0 Points Explain globalization. Include the pros and cons of globalization and provide examples to support what you identify as pros and cons. 500 word min required.

Question 2 of 10 10.0 Points Identify and explain two of the challenges of globalization for the 21st century? 500 word min required.

Question 3 of 10 10.0 Points In the World Trade at Risk policy brief by C. Fred Bergsten, he identified the main issue to be the impact of the House move on overall US trade policy the global trading regime. Why does he identify this as the main issue of the House decision? Do you agree? Why or why not? 750 word min required.

Question 4 of 10 10.0 Points Identify and explain at least two of the benefits of globalization, based on your readings. 500 word min required. \

Question 5 of 10 10.0 Points Why do nations trade? 500 word min required.

Question 6 of 10 10.0 Points Identify one economic integration (such as EU, EEA, EFTA, CUBKR, etc.) and discuss its advantages and disadvantages. 600 word min required.

Question 7 of 10 10.0 Points Explain the difference between exporting and importing. What are the promises and risks of each? 500 word min required.

Question 8 of 10 10.0 Points According to globalization 101, governments have traditionally tried to manage trade flows in two basic ways. Identify and explain the two ways identified. 500 word min required.

Question 9 of 10 10.0 Points Describe the consequences of trade restrictions. 500 word min required.