1. Definitions: Briefly explain the following terms:
(a) The Plaza Accord
(b) Utopian socialism
(c) Socialist calculation debate
2. Investment: Why has investment been very high in East Asian
Economies? When answering the question, relate to concepts such as
savings, consumption, taxation, etc.
Briefly explain the following ‘product’ terms: a) product mix,
b) product line, c) brand elements, d) sub brands. What is the
rationale for P&G utilizing ‘individual branding’ strategy for
its line of detergents rather than a ‘family branding’ strategy
(all detergents under one brand name with some sub brands).
Briefly explain the following terms in a few sentences:
a. Resolution of optical microscopy
b. Langmuir versus Langmuir-Blodgett (LB) film
c. The wavelength of electrons at an acceleration voltage of 100
kV
d. Chemically amplified photoresist
e. Elastic versus inelastic scattering
f. Capillary force
Define the following terms and, briefly, indicate their
relevance in international finance: a)Absorption; b)Dollarization;
c) Expenditure switching policy; d) A managed float;