International Political Economy Exam with correct answers 2024
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Course
International Political Economy Exa
Institution
International Political Economy Exa
mercantilism (main actors) correct answers states (largest political unit)
Munn (personel)
mercantilism (main goals) correct answers maximize the power and wealth of the largest unit
mercantilism (view of nature, conflict or harmonious) correct answers nature is conflictful
enhance the p...
mercantilism (main actors) correct answers states (largest political unit)
Munn (personel)
mercantilism (main goals) correct answers maximize the power and wealth of the
largest unit
mercantilism (view of nature, conflict or harmonious) correct answers nature is
conflictful
enhance the power of the state isolates it from destruction (state centered)
mercantilism (view of the relationship of politics and economics) correct answers
politics and economics are linked
overall, politics rules and guides the hand of economics
mercantilism (theory of change) correct answers narrow view
created by the largest political unites outperforming one another
liberalism (main goals) correct answers maximizing wealth and efficiency of the
individual using the distribution of resources through the market
if you're the most efficient then you get the most stuff
liberalism (view of nature conflict/harmonious) correct answers nature is harmonious
as long as the state does not intervene, the market ensures the best outcome for the
actors
liberalism (view of the relationship of politics and economics) correct answers they are
separate entities
the economy as pure and good, politics as corrupt and dirty
liberalism (theory of change) correct answers narrow
diffuse reciprocally, actors receive the value for which they will exchange
all actors remain on equilibrium
marxism (main actors) correct answers classes are the sole actors
workers (proletariat) and owners (bourgeoisie)
Marx, Lenin, Engles, Kautsky
, marxism (main goals) correct answers realize the contradictions inherent in the modes
of production
upheaval of the system and achieve subsequent utopia
marxism (view of nature conflict or harmonious) correct answers life as a constant
struggle between the classes
only until the system is uprooted can there be peace
marxism (relationship of politics and economics) correct answers everything is
determined by economics
modes of production determine politics
they are linked
marxism (theory of change) correct answers historical materialism: man has been
guided by requisite means for survival or means of production
led some to appropriate surplus of means, others will be exploited
fueled a class struggles where all change has been dictated by the economy
world systems (main actors) correct answers the system
one cannot understand an actors without taking into consideration the entire system
world systems (main goals) correct answers uprooting of the system until we can find a
better one
world systems (view of nature conflict or harmony) correct answers the entire nature of
all political economy is conflict
world systems (relationship of politics and economy) correct answers everything is
linked, politics and economy included
co evolutionary, as they influence one another
world systems (theory of change) correct answers change is to be dictated by cycles
hegemony and rivalry, economic progress and decline, technological breakthroughs
trends
mechanization, expansion, commodification
mercantilism (core ideas) correct answers opposition of free trade
creation of strong political units
importance and acquisition of money
policies that promote growth and competition
enhance the power and wealth of the strongest unit
creation of strengthening large political units correct answers standardization of the
monetary unit / regulating the process
allows interaction
getting rid of the extra outcomes which come from interaction
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