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EXTERNAL EXAMINER:
INSTRUCTIONS:
2. Provide a critical analysis of at least three different theoretical approaches applicable to the main
causes of war. (30 marks)
3. From a: world systems, dependency, liberalist or realist theoretical standpoints; discuss the
relevance of theoretical approaches in analyzing the roles of any TWO (2) or all of the following, in
international affairs:
a. International Monetary Fund (IMF) b. The United Nations Organizations (UNO) c. The State d. Multi-
national Corporations (MNCs) and Transnational Corporations (TNCs). (30 marks)
4. Citing examples, discuss the nature or characteristics of states classified in international political
economy (IPE) as “Hegemonic” or “Core” states. Indicate the reasons behind such classification.
(30 marks)
5. Following the end of World war II, The Britton woods agreement of 1944 pegged international
exchange rates/settlements on the US dollars and gold. The world war II which began on 1st September
1939 formerly came to an end in September 2nd 1945. However, the Britton woods agreement of 1944,
which had not less than 44 countries as signatories, also lead to the establishment of International
Monetary Fund (IMF) and World Bank, with some hegemonic states reported as having access to
higher stakes and control.
Hence, adopting either the Marxist, the world systems, dependency, liberalist or realist theoretical
perspectives; discuss the relevance, disputes, challenges or issues associated with the “US dollars” in
contemporary international political economy (IPE) and Trade. (15 marks).
a. In the first place, what was the need for the 1944 agreement (5 marks)
b. Using examples highlight and discuss which countries that are diplomatically challenging the reign
of the US dollars through the formation of various strategic international trade alliances. And why?
(15 marks)
c. How effective has been the oil embargo in achieving desired political/economic objectives in
international affairs? (cite any country or countries as an example in your argument) (10 marks)
Clearly indicate any of the above questions to which you have provided their answers.