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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