1. What is globalization? Please write two benefits and two harms of globalization to the communities (of people).
2. Describe foreign direct investment (FDI). Why some firms would prefer FDI? Why some countries try to attract FDI?
3. Why some countries benefit from free trade and why some countries are hurt by free trade? Give examples to each situation.
4. When and why was International Monetary Fund (IMF) established? What were some of its conditions for the member states?
5. The World Ttrade Organization (WTO) has some unresolved issues on its agenda. Please name five of then and explain two disputed topics.
6. What was the international monetary system established at the Bretton Woods? What was the major international currency? How were nations conducting their international monetary relations in the Bretton Woods system?
7. What are the basic sections in Balance of Payments (BOP)? Please explain one of these sections.
8. How come special drawing rights (SDRs) turned into a model for major currencies in the currency areas? Please explain how the value of euro is determined, for example.
9. Why European Union (EU) is concerned about sustainable development, lately? What are some of the suggestions for sustainable devlopment?
10. From the presentations we did in the class, we understand that the firms in TRNC suffer from high costs of production in North Cyprus. Please explain two of these high input costs.

Note the questions are related to international business course