SPECIAL NOTE: THERE WILL BE NO MAKE-UPS, UNLESS NEEDED FOR MEDICAL REASONS. IF A MAKE-UP IS NECESSARY, IT WILL NOT BE GIVEN AFTER THE APRIL 22 EXAMINATION TIME.

I. Examination Structure

This exam is worth either 40%, 30% of your final grade, depending on how you did on your first exam. The exam is structured in the following way (the total number of points for each section is indicated between parentheses):

A) Windows and Fences: Klein's book couldbe the topic of one of your essay questions. There will NOT be multiple choice, true or false, or short answer questions from the book. Therefore, no key terms related to this book are listed below.

B) Online articles and handout readings related to assignments (Outsourcing and Globalization). I have decided not to incude questions on Bergtsen's article related to US trade policy. There could be multiple choice and true or false questions related to these articles. Pay special attention to who said what in those articles. Here's the link to the articles again: http://pluto.fss.buffalo.edu/classes/psc/duchesne/psc328/fall02/articles.html

C) Global Political Economy: Be prepared to answer multiple choice, true or false, and short answer questions on Cohn's textbook. Questions will come from pp. 149-86 and 415-438.

D) Lectures: Domestic Politics and Trade," "American Trade Policy, ""International Finance" and "Putting it All Together: Globalization."

The following list contains many of the terms, concepts, and events we have discussed during the second section of the course. Although I cannot guarantee that this list is comprehensive, if you master the entire list you should do very well on the third midterm exam. I have indicated each unit in bold.
 
 
 

Cohn's Chapter 6	"International Monetary Relations"
Balance of Payment (surplus/deficit)	Maastricht Treaty
Monetary / Fiscal / Commercial Policy	Gold Standard
Pegged Exchange Rate	Dollarization
	Special Drawing Rights (SDR)
Cohn's Part IV	"Concluding Comments"
Globalization	Triadization
Globalization vs. Nation-State	Globalization vs. Inequality
Globalization vs. Immigration	Globalization vs. Democracy
"Best" Development Strategy	Global Hegemon Alternatives
US Trade Policy	Smoot-Hawley Tariff Bill of 1930
RTAA of 1934	Section 301, Special 301, Super 301
Realist Model of Trade Policy	Pluralist Model of Trade Policy
Institutional Model of Trade Policy	Logrolling
International Trade Commission	United States Trade Representative
Escape Clause	Anti-Dumping
Countervailing Duties	Unfair Trade Practices
International Finance	Fiscal Policy
Monetary Policy	Y=C+I+G+(X-M)
Federal Reserve	Central Bank Independence
Exchange Rates	Fixed Exchange Rates
Floating Exchange Rates	Barter
Wampum	Pound Sterling Silver
Factors Influencing Supply and Demand of $	Foreign Direct Investment (FDI)
Discount Rate	Arbitrage
Currency Appreciation	Currency Depreciation
Advantages and Disadvantages of Fixed Rates	Advantages and Disadvantages of Floating Rates
Competitive Devaluation	International Currency
Currency Coordination
The Future of Trade and Globalization	"Tuna" Controversy
Trade and the Environment	Globalization
Positive Consequences of Globalization	Negative Consequences of Globalization
"Regional Trading Blocks" Scenario of Trade	"Business As Usual" Scenario of Trade
"Regional Trading Blocks" Scenario of Trade	"Protectionist" Scenario of Trade
"Drucker's" Scenario of Trade	Knowledge Intensive Products