1. Define these terms: GDP, GNI, GNI per capita, PPP, big Mac index. What do we measure with these tools and why are they useful.
2. What is economic growth? And what makes a country an attractive destination for expansion?
3. How do we define nation states? What are some sources of authority in some nation states? What is rule of law?
4. How democracies and non-democracies are different?
5. What political risks should a business look into before expanding to a new country?
6. What are some of the challenges of new forms of businesses such as (Uber) with existing legal framework and regulations?
7. Explain why trade between countries is beneficial based on some of the trade theories discussed in class? Describe how these trade theories have changed over time.
8. What is the role of WTO and how does it overlap with other trade agreements?
9. Why world's currency system has changed over time. Explain how it was different before and what events caused it to change.
10. What are the differences between pegged and floating currency systems? Explain advantages and disadvantages of these systems.
11. Based on the discussion we had on national/ international financial crises explain different forms of financial crises that have happened in different countries. What caused each of them?
12. What is the role of the IMF and how does it help different country's economic system?
13. How do you define human rights and how is this definition rooted in Kantian ethics? Bring some examples. How can these rights be translated to workers' rights?
14. What is the relationship between globalization and CSR? Are we responsible only towards our own people or all people around the world? Discuss with an example.