GEOG 216 Study Guide - Final Guide: International Financial Institutions, Land Values, Developing Country

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Readings: main arguments, responsible for all of the readings, but look at the emphasized parts. What was the geography of the sub prime mortgage crisis: hurts the first world more than the third world, weird, uneven geography, produced in particular places with particular characteristics and affects certain places with particular characteristics. Whose fault was it: hard to place blame on one person, the system is at fault kind of forced into doing these things. How could so many smart people have been so stupid: smart people become very blind want to believe you can make money out of nothing. Reading 15, krugman: know terms, and basic history. Institutions and agreements: gatt, wto, nafta: purpose is to remove trade barriers. Forms of trade barriers: know the differences. Pros and cons of free trade agreements: overall may be good, but who does it hurt.