Part two

1. Explain how alterations in the protocols for the granting of mortgages played a part in the unavoidable occurrence of the global financial crisis.

2. Please explain the role that credit default swaps and collateralized debt obligations played in the recent global financial meltdown.

3. Discuss the necessary changes that need to be made to the worldwide financial system in order to prevent a crisis similar to the one that is currently unfolding.

4. "The Irish government's policy toward the indigenous sector was shown to be somewhat contradictory after the currency crisis of 1992," (Fahy, John) When analyzing the government's response to the currency crisis in 1992, it is important to take into consideration the cases of Dawn Farm Foods Ltd. and Foxfield Mushrooms.

3rd installment

1. Describe the World Trade Organization's core goals and principles (WTO). Discuss how the World Trade Organization (WTO) differs from the General Agreement on Tariffs and Trade (GATT) (GATT)

2. What distinguishes the WTO from the GATT?

3. Describe the Fiscal Policy Golden Rule.

4. Discuss how to employ stabilization policy while following the Golden Rule.

5. Following 2001, the EU chastised Ireland's fiscal strategy as being too expansionary at a time when the country was experiencing budget surpluses. Discuss whether this complaint was valid in light of the "Structural Deficit."