Question: TOPIC : Structures of globalization particularly to various economic crises that confronted the world including the historical forms of trade that had shaped/ currently shaping

TOPIC: Structures of globalization particularly to various economic crises that confronted the world including the historical forms of trade that had shaped/ currently shaping the global economy.

QUESTION: If a global financial crisis will happen in 2021, what specific form of trade/international monetary system should be applied to address the phenomenon? Choose from: Mercantilism; Gold Standard; Bretton Woods System; Float System

GUIDE QUESTIONS:

1. Why is it necessary to implement your selected form of trade/international monetary system?

2. What boons the world could get from embracing your selected form of trade/international monetary system amid the crisis?

3. What makes such form of trade/international monetary system "more practicable" to employ than that of the other?

4. Why do you think economic globalization is more feasible to attain through your selected form of trade/international monetary system?

(Note: You do not need to answer the guide questions. These only direct in structuring arguments.)

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