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UNCC INTL 3151: COHN AND HIRA CHAPTER 3 QUESTIONS AND ANSWERS WITH SOLUTIONS 2024 $12.99   Add to cart

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UNCC INTL 3151: COHN AND HIRA CHAPTER 3 QUESTIONS AND ANSWERS WITH SOLUTIONS 2024

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UNCC INTL 3151: COHN AND HIRA CHAPTER 3 QUESTIONS AND ANSWERS WITH SOLUTIONS 2024

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  • September 8, 2024
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UNCC INTL 3151: COHN AND HIRA
CHAPTER 3 QUESTIONS AND
ANSWERS WITH SOLUTIONS 2024
Oldest school of thought in the IPE - ANSWER neomercantilism



Neomercantilism - ANSWER refers to economic thought and practice in Europe from about 1500 to 1750



Realism - ANSWER oldest school of thought in international relations



What do realists focus on? - ANSWER security issues



they view the state as the main actor



emphasize state sovereignty



view the state's main goals as survival and/or improving its power position in the international system



The security dilemma - ANSWER a situation in which actions states take to ensure their own security
(such as deploying more military forces) are perceived as threats to the security of other states



and how to create peace and stability in a world where there is no dominant authority



Relative gains - ANSWER conditions in which some participants in cooperative interactions benefit more
than others



or its position vis-á--vis other states



Zero-sum game - ANSWER where one group's loss equals another one's gain

, Absolute gains - ANSWER the total benefits that accrue to a state as a consequence of its interactions
with other states without regard to the benefits that accrue to others



each state seeks to maximize its own gains and is less concerned about the gains of others



Variable sum game - ANSWER a relationship in which groups may gain or lose together



2 modes of development seen by Marxists in contemporary history - ANSWER capitalist and
redistributive



Mercantilism - ANSWER refers to economic thought and practice that prevailed in Europe from about
1500 to 1750



Hamilton's 1791 report on the subject of manufacturing - ANSWER " contains the intellectual origins of
modern economic nationalism and the classic defense of economic protectionism



Infant industries - ANSWER those industries that are just getting started, perhaps requiring trade
restrictions



What contributed to the Great Depression and WWII? - ANSWER nationalism



protectionism



tariff barriers



3 factors that contributed to the revival of neomercantilism - ANSWER the U.S. defeat in Vietnam and
the detente of the Cold War signaled a change in the ability and willingness of the U.S. to shore up the
free world's military alliance through economic openness



increasing disarray in the global economy induced many realists to devote more attention to economic
issues

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