PSCI 230X Final

Question 1

the political economy is the study of what and what

Answer 1

power and wealth

Question 2

what is the study of power and wealth among states and other international actors

Answer 2

International Political Economy

Question 3

according to realism what is greater than wealth

Answer 3

power

Question 4

according to realism why is wealth important

Answer 4

it can buy power

Question 5

what would the policy prescription be for someone prescribing to realism (2)

Answer 5

states should build and guard their wealth for security and power
usually in the form of some kind of managed interdependence

Question 6

for a realist, what are the goals domestically and internationally

Answer 6

domestic protection
international superiority

Question 7

according to liberalism what is greater than what

Answer 7

wealth is greater than power

Question 8

what are the general tenets of liberal IPE theories

Answer 8

Due to human nature, wealth > power
Collective prosperity, absolute gains

Question 9

what is the policy prescriptions of liberal IPE theory

Answer 9

states should cooperate to build wealth and spread capitalism

Question 10

the policy prescriptions of Liberal IPE theory explains that states should cooperate to build wealth and spread capitalism. what are the four specific ideas associated with the spread of capitalism

Answer 10

minimal domestic market regulation
international free trade based on comparative advantage
free movement of goods money and people
harmonize policies internationally

Question 11

when questioning why states trade with one another, what do economic liberals place emphasis on

Answer 11

comparative advantage (specialization)

Question 12

when questioning why states trade with one another, economic liberals place emphasis on comparative advantage and what else (2)

Answer 12

spreading and engaging in free trade internationally
free trade in land labor and goods

Question 13

what is the concept of comparative advantage

Answer 13

everyone focus on what they are good at

Question 14

what is the concept of competitive advantage

Question 15

which advantage do economic liberals focus on

Answer 15

comparative advantage

Question 16

which advantage do economic nationalists focus on

Answer 16

competitive advantage

Question 17

what can be used to create competitive advantage according economic nationalists

Answer 17

trade barriers

Question 18

what is a tariff

Answer 18

taxes on imports

Question 19

what are examples of non tariff barriers

Answer 19

subsidies
quotas
embargos and sanctions

Question 20

according to economic liberals, what are the effects of trade interdependence

Answer 20

the more interdependence the less conflict

Question 21

according to economic liberals, the more interdependence the less conflict because … (2)

Answer 21

everyone is better off
there is more to lose

Question 22

according to economic nationalists, what occurs out of greater amounts of interdependence

Answer 22

more conflict

Question 23

in terms of economic national thought related to trade interdependence, why does more conflict occur

Answer 23

more to negotiate due to relative gains issues
more sources of leverage

Question 24

what is meant by monetary stability (2)

Answer 24

the price of money in terms of interest rates and exchange rates

Question 25

why is stability good

Answer 25

confidence in domestic and foreign markets

Question 26

why is stability illusive according to economic liberals

Answer 26

market conditions weather new inventions prevailing technology

Question 27

why is stability elusive according to economic nationalists

Answer 27

protectionism

Question 28

what are the two ways exchange rate stability is achieved

Answer 28

national policies international cooperation

Question 29

in terms of US of Chinese economic problems, what are the factors that could cause a breakdown of interdependence

Answer 29

competitiveness demography disease climate change

Question 30

in terms of international politics, what are factors that could cause a breakdown of interdependence

Answer 30

bipolarity during cold war decoupling

Question 31

what is one human cause of environmental problems

Answer 31

population size and growth

Question 32

why is population size and growth harmful to the environment

Answer 32

overuse of natural resources

Question 33

when was population size and growth considered to be the main reason for environmental issues

Answer 33

the 60s and the 70s

Question 34

what is now the focus for the human causes of environmental problems?

Answer 34

human activity

Question 35

what are the two most detrimental human activites

Answer 35

overuse of resources emissions

Question 36

what items of regulation would keep use within sustainable limits

Answer 36

improve understanding to encourage better self regulation impose government regulation provide incentives for business to develop more sustainable options

Question 37

why is it difficult to institute international solutions to overuse and pollution

Answer 37

international anarchy means there is no blanket policy

Question 38

what are three international actions that have been instituted to reduce climate change

Answer 38

1992 rio earth summit 1997 kyoto protocol 2015 Paris agreement

Question 39

what is the general idea behind the north south gap

Answer 39

the gap between most and least well off actors

Question 40

for a structuralist realist or an economic nationalist what is the difference between the north south gap

Answer 40

difference in relative power among states

Question 41

for a structuralist realist or an economic nationalist what is the cause of the north south gap

Answer 41

international anarchy plus the differences in relative capabili

Question 42

for a structuralist realist or an economic nationalist what is the cause of the north south gap

Answer 42

international anarchy plus the differences in relative capabilities

Question 43

for economic liberals what is the definition of the north south gap

Answer 43

difference in wealth among rich states and people and poor states and peopl with an emphasis on the people

Question 44

for economic liberals, what causes the north south gap

Answer 44

socialism leads to poverty and war

Question 45

for marxists what is the definition of the north south gap

Answer 45

difference in socio economic well being among rich and poor people and states with emphasis on people

Question 46

according to marxists what causes the north south gap

Answer 46

capitalism

Question 47

according to political liberals what is the definition of the north south gap

Answer 47

difference in overall human well being among most developed and less developed states

Question 48

according to political liberals, what is the cause of the north south gap

Answer 48

authoritarianism