1.      Give a brief definition to the European debt crisis, the first country it fell upon, the main causes and potential consequences.

2.      What does “BRICS” represent? What does the term mean to you? Who initiated it? And give a brief summary to the similarities between China and India in terms of economic policies and mode of development.

3.      Explain in your own words the concept of Comparative Advantage Theory.

4.      Give your own comments on the Marginal Monetary Policy executed in the George W. Bush’s Administration, with focus on the influence on Chinese economy.

5.      Do you think the Syrian War and Iranian Nuclear Crisis may lead to a price rise of your dinner this evening in the dining hall of TJFSU? Why or why not?

6.      Give a brief summary to the similarities in terms of the development mode in the city of Taiyuan ( Shanxi Province, China) and the city of Dubai(Arab Emirate) and propose a few suggestions for their future existence when the present resources are exhausted.

7.      Which institution in China is responsible for making monetary policies? And propose a few advices to curb the inflation by means of means policy.

8.      To what degree do you agree with the following statement and elaborate on your own opinion: the economic crisis is an indispensable resort to revitalize the national economy.

9.      What’s your viewpoint on the merge and acquisition of Volve and the integration of Youku and Potato?

10.  Moutai, a brand-name liquor produces in China’s Guizhou province, is sold at a price of 1000 RMB in Tianjin, China, but at the price of 500 RMB in San Francisco, USA. Other elements, i.e. quality, general consumers’ acknowledgement, purchase ability, authenticity, etc. being absolutely equal in both countries. Try to explain the phenomenon in your own words, resorting to one or more economic theories you’ve learned.