Winter 2020

Department of Political Science

Political Science 106MO

Mid-Term Exam

This exam is in two (2) parts. Answer the first part as directed. There is no choice in the second part. Note that the first part of the exam will comprise thirty percent of the exam grade, and the second part will comprise seventy percent. Allocate your time carefully. You will have one hour in all.

Think before you write. Organize your answers carefully, and please try to write clearly and legibly. Be sure to define your terms where appropriate.

Part I: Identifications (30 points)

Briefly identify and explain the significance of three of the following. [Each answer should be no more than 1-2 pages in length.]

1.	Genoa Conference

2.	Second Amendment (IMF Articles of Agreement)

3.	Bimetallism

4.	Triffin Dilemma

Part II: Essay (70 points)

Why did the United States close the gold window in 1971? Evaluate the arguments for and against President Nixon's decision. If you has been involved in the administration's discussions at the time, what would you have recommended?

Winter 2020

Department of Political Science

Political Science 106MO

Mid-Term Exam (alternate)

This exam is in two (2) parts. Answer the first part as directed. There is no choice in the second part. Note that the first part of the exam will comprise thirty percent of the exam grade, and the second part will comprise seventy percent. Allocate your time carefully. You will have one hour in all.

Think before you write. Organize your answers carefully, and please try to write clearly and legibly. Be sure to define your terms where appropriate.

Part I: Identifications (30 points)

Briefly identify and explain the significance of three (3) of the following. [Each answer should be no more than 1-2 pages in length.]

1.	Bretton Woods Conference

2.	Unholy Trinity

3.	Gold-exchange standard

4.	Second Amendment (IMF Articles of Agreement)

Part II: Essay (70 points)

Explain what is meant by the problems of adjustment, liquidity, and confidence. What makes these problems so difficult? Do you think they can ever be solved?

Winter 2020

Department of Political Science

Political Science 106MO

Final Exam (for early departures)

This exam is in three (3) parts. Answer the first part as directed. There is no choice in the second or third parts. Note that the first two parts of the exam will comprise one-half of the final exam grade, and the third part will comprise one-half. Allocate your time carefully.

Think before you write. Organize your answers carefully, and please try to write clearly and legibly. Be sure to define your terms where appropriate.

Part I: Identifications (30 points)

Briefly identify and explain the significance of three of the following. [Each answer should be no less than one page and no more than two pages in length.]

(1)	dollarization

(2)	Triffin dilemma

(3)	gold-exchange standard

(4)	theory of hegemonic stability

(5)	RMB

Part II: Current Events (20 points)

Answer the following question. Your answer should be no more than 2-3 pages in

length.

Because of the COVID-19 virus, the Federal Reserve has lowered interest rates in the United States. Why should Brazil care?

Part III: Essay (50 points)

Daniel Drezner, a noted political economist, says "the system worked" after the global financial crisis of 2008. Do you agree or disagree? Are all the problems of international monetary governance now safely under control? How could management be improved?

Winter 2020

Department of Political Science

Political Science 106MO

Final Exam

This exam is in three (3) parts. Answer the first part as directed. There is no choice in the second or third parts. Note that the first two parts of the exam will comprise one-half of the final exam grade, and the third part will comprise one-half. Allocate your time carefully.

Think before you write. Organize your answers carefully, and please try to write clearly and legibly. Be sure to define your terms where appropriate.

Part I: Identifications (30 points)

Something important in the history of the international monetary system occurred at each of the following locations. Choose three of these locations and briefly explain what happened and why it was significant. [Each answer should be no less than one page and no more than two pages in length.]

(1)	Maastricht

(2)	Plaza Hotel

(3)	Bretton Woods

(4)	Camp David

(5)	Genoa

Part II: Current Events (20 points)

Answer the following question. Your answer should be no more than 2-3 pages in

length.

Because of the COVID-19 virus, the Federal Reserve has lowered interest rates in the United States. Why should Brazil care?

Part III: Essay (50 points)

Daniel Drezner, a noted political economist, says "the system worked" after the global financial crisis of 2008. Do you agree or disagree? Are all the problems of international monetary governance now safely under control? How could management be improved?

Winter 2020

Department of Political Science

Political Science 106MO

Final Exam (take-home)

This exam consists of three parts. There is no choice. You must answer all three questions. Each answer should be in the range of 2-4 pages.

Allocate your time carefully. Think before you write. Organize your answers carefully, and please try to write clearly and legibly. Be sure to define your terms where appropriate.

Part I (30 points)

Because of the COVID-19 virus, the Federal Reserve has lowered interest rates in the United States. Why should a country like Brazil care about what the Fed does? What can Brazil or other emerging market economies do about it?

Part II (35 points)

Daniel Drezner, a noted political economist, says "the system worked" after the global financial crisis of 2008. Do you agree or disagree? Are all the problems of international monetary governance now safely under control? How could management be improved?

Part III (35 points)

Nearly eight decades after Bretton Woods, the US dollar is still the world's dominant international currency – way ahead of any other money in use for international purposes. Is this a good thing or a bad thing? Would the world be better off with more competition among international currencies – say, three or four dominant currencies instead of just one? What does international monetary history teach us about these questions?