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Name: Date: Apr.

25, 2023
Course and Section: Subject: COSH42

PERFORMANCE ASSESSMENT
Directions: Answer the critical thinking essay below in 10 sentences or more. Use extra
sheets if necessary: (5 items x 10 points)

1. How has the international monetary system evolved over time, and what are the
major milestones in its development?

2. How do regional trade agreements such as the North American Free Trade
Agreement (NAFTA) and the European Union (EU) impact participating countries
and the world at large?

3. What is the impact of economic integration on labor markets, and how do


workers and unions respond to the changes?

4. What are the implications of global debt on the world economy, and how can they
be managed?

5. What are the potential consequences of trade wars and protectionist policies on
the global economy?

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