Introduction to

INTERNATIONAL ECONOMICS

Phil Martinez, Lane Community College 



Final Exam
(100 Points)



Instructions: This is a take home assignment.

Answer the following questions briefly (No more than 4 pages for each question).

Answer with full, complete sentences. Remember your goals are to learn the material because it’s fascinating and important, and to convince me that you understand the material well enough to explain it accurately and briefly.

1.  Summarize the actions that the international institutions, especially the IMF, took which worsened the Asian crisis. (Note there should be a brief summary of the problems the Asian country’s were facing, before you delve into the actions taken by the IMF, et al.)    


2. Summarize the changes that Stiglitz recommends to reform the IMF and World Bank.