FINAL REVIEW SHEET

Poli Sci 4

DATE OF EXAM:  MONDAY, MAY 21, 11:50 - 1:50 PM

Your Final Exam will consist of two parts:

Part I - Five terms chosen from the list below.  You will choose 3 terms (50 points each)

Part II - One essay question chosen by the instructor.  (150 points)

My Ground Rules:

bulletYou must bring a blue book.
bulletNo one may leave the room when the test begins except to hand in a completed exam (so go to the bathroom BEFORE the test).
bulletThose who arrive late will be allowed to take the test in the remaining time left provided that no one has handed in an exam.
bulletMake-ups will only be allowed in extreme cases (with a Doctor's Note) and must be taken within 24 hours.

Essays - One of the following questions will appear on your midterm.  Answer it in as much detail as you can in a 3-4 page essay.  Points will be awarded on the basis of the coherence of the argument you provide and specificity.

1.         Even in a world in which the principles of free trade prevail, states frequently impose protectionist policies.  Explain what these free trade principles are and how the WTO and regional trade agreements (i.e., free trade areas) seek to promote these principles?   In addition, discuss the trade strategies states rely on and their motivations for protectionist behavior in a liberal market.

2.         Identify and analyze the positive and/or negative effects of multinational corporations (MNCs) as a form of foreign direct investment in developing countries.  In addition, describe the various perspectives and potential powers of MNCs as they seek profit in the global marketplace.  Are they an important form of direct investment, or do they do more harm than good?  Draw on specific examples from the text and lecture.

3.         Global problems require global management - which means that state and non-state actors have to sit down and bargain with one another the produce the best outcome for themselves and the environment.  Explain what this bargaining has entailed in regards to global warming, rainforests, and population growth, focusing particular attention the impact of this bargaining has on the developing world.

4.         Why is capital accumulation so important to the developing world?  Are there models (political and economic) set by some NICs (i.e., the Four Tigers and China) that can be used by other developing countries?  For instance, is an authoritarian government best equipped to guide capital accumulation?  How about an economy that is geared more towards manufacturing than a reliance on natural resources?  Are there other common themes that may be useful in sparking capital accumulation in other developing countries?

5.         Foreign investment has been called both a blessing and a curse for developing countries.  Explain how this can be the case.  What has to happen for foreign investment to be considered more consistently as a blessing?

Terms

            You will have 5 terms from this list and will choose 3 (50 points each).  Write a detailed one to two paragraph essay for EACH of THREE terms in which you address the main elements of the term.  What is its definition?  Why is it important to our study of IR?  What specific examples can you cite to illustrate the meaning of the term.  Points will be awarded on the basis of coherence and specificity.  Be as detailed as you can, but make sure that the details are relevant

bulletmercantilism vs. liberalism
bulletglobalization
bulletcomparative advantage
bulletinterdependence
bulletprotectionism
bulletWorld Trade Organization
bulletconvertible currency
bulletfixed/floating exchange rates
bulletWorld Bank and IMF
bulletBaker Plan
bulletStructural Adjustment Lending
bulletmultinational corporations
bulletAIDS in the developing world
bulletdemographic transition
bulletglobal warming
bulletcollective goods problems and the environment
bulletcapital accumulation
bulletimperialism
bulletpost-colonial problems
bulletMarxist Revolutions vs. Islamic Revolutions
bulletFour Tigers
bulletImport Substitution vs. Export-led Strategy
bulletinformal sector
bulletmicrocredit
bulletNew International Economic Order
bulletThree models of development assistance (see Ch 13)