globalfinal10F0 - Two of the following four questions will...

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Two of the following four questions will appear on the Final Exam. 1. Write an essay discussing the reasons for the explosive growth of piracy and smuggling in the last quarter of the twentieth century, as well as factors that may limit the growth of piracy and smuggling in the twenty- first century. 2. Trace the globalization of manufacturing and natural resources with specific focus on auto manufacturing and oil. 3. Write an essay comparing and contrasting the early modern global economy of trading empires with the modern globalized economy that emerged over the past century. Your essay most consider but not be limited to such issues as free trade vs closed trading networks and
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Unformatted text preview: monopolies, economic philosophies stressing scarcity vs. perpetual abundance, the role of the state in creating both types of systems, types of trade items (precious good vs. industrial and consumer goods for example). 4. Discuss the creation , development and problems of the globalized financial system starting with the inauguration of the Bretton Woods system, through the rapid expansion of capital transfers in the last quarter of the twentieth century, the Latin American and Asian financial crises to the most recent financial panic that began with the meltdown in the United States in 2007....
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