Answer Two Questions Only Clearly Indicate the Question Number Use minimum 400 words

1. Describe and explain the factors which have made globalisation possible.

2. What were, and are, the advantages and drawbacks of Fordist production systems?.

3. What factors encourage, and what factors restrict, national economic growth?.

4. What is Competition Policy and why is it so important in Europe?.

5. What are the main tools of government economic policy?. How do they work?

6. Why are multinational corporations so strong and successful?.

7. Why do firms go public? What happens when they do this?

8. Why do different countries have different chronic trade imbalances?

9. Describe and explain the problems of both capitalist and command economies.

10. Why are Lobby Groups a problem?

11. Why is language so important to international business?