1- Short answer – Name two costs and two benefits for a small country from trading in the global economy. For your answer, you can refer to our trade simulation if you would like.
2- Short answer – America gives more aid to the developing world than any other nation if you count up total funds given. But when measured as a percentage of GDP, we give one of the smallest amounts of any developed nation. Also, most of our aid is in the form of vouchers for ShopUSA, meaning the money can only be spent buying goods and services from American companies. Viewed this way, most of our foreign aid is really a form of corporate welfare. In spite of the fact that a minuscule amount of our overall budget goes to foreign aid, it is often a popular target for budget cuts. What types of foreign aid programs should be increased? Which programs do you think should be decreased? Why?
3- Short answer – Answer the following question in two or three sentences. What are some of the barriers to development? What developmental strategy do you recommend for overcoming those barriers?
4- Essay – In a well-developed page length essay discuss the following: On the balance, has globalized trade done more harm (exploitative labor practices, environmental degradation, shifts in manufacturing) than good (rising wages in poor countries, lowered prices for consumers, increased access to information)?

 
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