COMPLETE QUESTIONS SOLUTIONS
GRADED A+
◉ Postwar Economic History.
Answer: international institutions
two blocs
economic growth
BRICS
◉ Theories to IPE.
Answer: Realism: mercantilism, relative gains, MNCs serving the state
Radicalism: Marxist, global capitalism hierarchy, imperialism
Econ Liberalism: rational self-interest, free exchange, comparative
advantages
◉ Dependency Theory.
Answer: metropolis and satellite
multinational corporations
dependent because underdeveloped
Critiques: Brazil, India, S Africa
◉ World Systems Theory.
Answer: Wallerstein: realism & marxism
,Core (democracy), Periphery (non-democratic), Semi-Periphery
(authoritarian)
◉ Int'l Econ Institutions.
Answer: World Bank: sustainable development
IMF: stabilization
WTO: trade liberalization
◉ Economic Regionalism.
Answer: EU Common Market, Liberal
ASEAN Free Trade
◉ Economic Crisis.
Answer: unregulated financial instruments, excess credit, unsustainable
trade
◉ Economic Policies Mercantilists Favor.
Answer: Promoting Exports over Imports
◉ Why do Marxists believe capitalism is leading to imperial expansion?.
Answer: good produced in industrialized societies are sold abroad
◉ Int'l System for radicals is stratified because....
Answer: capitalism
, ◉ World Bank's funding used for....
Answer: economic development
◉ Theories of the Individual.
Answer: Realism: only in aggregate for nat'l interest
Liberalism: secondary role, two-track diplomacy
Radical: capitalists influence
Constructivist: actions less important than beliefs, shape ideas
◉ Individual Elites.
Answer: affect when constraints are limited, institutions are unstable,
and the situation is peripheral
◉ Independent vs. Participatory leaders.
Answer: high v. low nationalism
high v. low control perception
high v. low affiliation/power
high v. low conceptual complex
high v. low distrust
◉ Private Individuals.
Answer: track-two diplomacy