Ch. 16: International Political Economy in an Age of Globalization exam with correct answers 2024
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Ch. 16: International Political Economy in an Age
Institution
Ch. 16: International Political Economy In An Age
Rules correct answers Lower level of generality to principles and norms, and are designed to reconcile conflicts which may exist between the two.
Norms correct answers Specify general standards of behavior and identify the rights and obligations of states.
Institutions correct answers Pers...
Ch. 16: International Political Economy
in an Age of Globalization
Rules correct answers Lower level of generality to principles and norms, and are
designed to reconcile conflicts which may exist between the two.
Norms correct answers Specify general standards of behavior and identify the rights
and obligations of states.
Institutions correct answers Persistent and having connected sets of rules and
practices that prescribe roles, constrain activity, and shape the expectations of actors.
G20 correct answers Established in 1999 as a major forum for advanced and emerging
economies to discuss global financial matters.
Bretton Woods correct answers Regulatory system on global economy introduced after
WWII in an attempt to bring stability to those elements of world economy under US
control.
Great Depression correct answers Global economic collapse of the 1930s.
International Monetary Fund correct answers Institution that provides extensive
technical assistance and short-term stabilization to any members currently distressed
economically.
World Bank correct answers Collection of agencies that encourage development in low
income countries.
Development correct answers Possibility of unlimited economic growth in the free
market system.
General Agreement on Tariffs and Trade correct answers Measure introduced as an
interim measure to assist negotiation between countries regarding trade laws.
Containment correct answers American political strategy for resisting the spread of
communism and Soviet expansion.
Integration correct answers Process of ever-closer union among states in a regional or
international context.
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