26- great, wasn't expecting it but i hadn't memorised any essays, not like english. expecting close to full marks for the 26- talked about limitations of monetary- time lag, also external limitations ie: appreciation, net incomes deteriorating.
28- was expecting a case study or this.
talked about the first bit about increased labour mobility, trade increasing as a percentage of world output(figures), also increased portfolio(memorised the figures), increased FDI(knew figures), also talked about TNCs(major reason for increased fdi and increased techno inflow), then talked about the different organisations- WT0, IMF, WORLD BANK, then different blocs- EU,NAFTA.
For the second part talked about different regions- industrialised, developing(in paticular sub-saharan), then talked about Asian financial crisis(for NICs), then talked about China and India, talked about how agricultural protection reducing would be benificial- talked about the figures, as well as world bank and imf's role.
It was a pretty straight forward question kind of glad they didn't ask the case study- allows people who only memorise to struggle, though i admit i did memorise for the case study i also knew the impact of globalisation on the global economy as well.