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4 Written questions

3 Multiple choice questions

  1. A broad concept that represents the increasing integration of economics, culture, and politics a across national boundaries.
  2. 1 Quotas- set amount of limited imports
    2. Technical restrictions- limit stuff ( exmaple. environmental protection)
    3. Administrative restrictions- not totally capitalized (Russia, china)
    4. Trade supports subsides= support domestic products
  3. FDI differs from Portfolio investment which involves investment solely to gain capital appreciation through market fluctuations

3 True/False questions

  1. Pre-WWII rise of Globalization- The expansion of International trade
    - Cross-boarder moments of production
    - increase of transnational finnancial flows
    The benefits of this type of globalization are development of capital.


  2. Marxist approachPolitics are determined by economic relations, Structural divisions between global north and south, Main actors economic classes and states (north and south)


  3. Post-WWII-International economic institutions
    - Expansion of International trade
    -Technological revelation and financial integration.


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