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SmpleQs2008 - Sample Questions from Previous Exams Short...

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1 Sample Questions from Previous Exams Short Answer Questions 1 Briefly indicate the two institutions established as a result of the Bretton Woods Agreement and indicate the major problems with which each of these institutions were originally intended to deal. 2 What were the three principal objectives of the IMF when it was first established? 3 Indicate and briefly describe two reasons why international organizations such as the IMF and the World Bank might now be expected to face greater challenges in persuading governments to accept their decisions than was the case during the first few decades after World War II. 4 In the context of environmental standards define: (a) Transboundary impacts; (b) Non-transboundary impacts. 5 Briefly indicate the immediate causes of the Mexican peso crisis of 1994 and 1995. 6 Indicate (with brief descriptions) two consequences of the globalization of financial markets. 7 Briefly discuss why (a) Argentina pegged its peso to the US dollar in 1991; (b) Argentina was forced to float the peso in 2002.
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