MKT3000: Globalisation: Patterns, Processes and Challenges
Specimen Exam Questions.

Time allowed:  3 hours

Answer TWO questions, ONE from each section.

[These questions have now been reviewed by our External Examiner, and are the ones which will appear on the exam paper.]
Please note - trial answers will not be appraised and returned if submitted after close of business, Friday, May 3rd

Section 1

1.    Trace the origins of contemporary globalization, identifying the principal 'phase changes' or branches in this evolution. What are the implications for the future?

2.    Outline the arguments in favour of free trade. Discuss the factors that make the practice of free trade difficult and the means by which countries seek to protect their domestic industries. Outline the global consequences of trade protectionism versus trade expansion.

3.    Is there a difference between global capitalism (capital and finance markets) and global market liberalisation and trade expansion for goods and services? What are the implications for future globalization processes?

4.    Why did the industrial revolution not happen first in China?

Section 2

5.    How important are Multinational Corporations in re-shaping world employment patterns?

6.    How important are cultural differences in shaping the patterns of globalization?

7.    What are the critical issues facing the world in the 21st C. and how are the processes of globalization helping or hindering?

8.    Explain the differences between the 2007/8 credit crunch and subsequent Eurozone debt crisis and the Great Depression of the 1930s. What are the implications?


[Cautionary Notes: You will probably not be able to write comprehensive answers to these questions until we have completed the course material. You should seek, in your answers, to integrate the material presented in the course, and give evidence of both thought and pursuit of the reading and links provided in the course material. Good answers will be coherent and well structured analyses and arguments which are intelligible to a layperson - do not assume that your reader knows the answer!]