International Political Economy exam with correct answers 2024
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Course
International Political Economy Stu
Institution
International Political Economy Stu
Ronald Rogowski correct answers Factor model. cleavages (interest groups) form based on class and urban-rural divide
Urban rural conflicts correct answers land scarce and labor rich or visa versa
class conflicts correct answers capital rich, land rich, and labor poor or capital poor, land ...
Ronald Rogowski correct answers Factor model. cleavages (interest groups) form
based on class and urban-rural divide
Urban rural conflicts correct answers land scarce and labor rich or visa versa
class conflicts correct answers capital rich, land rich, and labor poor or capital poor,
land poor, and labor rich
Populism correct answers land free trading but capital and labor protectionist
socialism correct answers labor free trading but land and capital protectionist
Outcome of capital rich, land rich, and labor poor correct answers labor gains power
(new deal)
Outcome of capital poor, land poor, and labor rich correct answers land and capital
gain power (fascism)
Outcome of Capital rich, land poor, labor rich correct answers land gain power.
Western European fascism
Outcome of capital poor, land rich, labor poor correct answers capital and labor gain
power
Michael Hiscox correct answers Inter-industry factor model. Critique of Rogowski
-the ease with which owners of factors of production (land, labor, and capital) can move
between industries in the domestic economy. If factors are mobile between industries,
the income effects of trade divide individuals along class lines, setting owners of
different factors (such as labor and capital) at odds with each other. If factors are
immobile between industries, the effects of trade divide individuals along industry lines,
setting owners of the same factor in different industries at odds with each other over
policy.
inter-industry factor mobility has been powerfully affected by economic and
technological changes associated with industrialization. Yet the impact of those
changes, and their timing, has varied substantially across nations.
high party- willing to sacrifice some vote in safe districts to win marginal districts. Votes
can be bought off with an increase in income
Low Party
coalition forming less costly when common industrial linkages
-republicans representing farmers partner with democrats representing food stamps to
protect industry
Empirical findings for Canada and the US Support this model
Most disadvantaged industries receive highest level of tariff protection
Mancur Olson correct answers Father of collective action. Governance of a state
influences economic growth
King can run a country well because he has an incentive to make it run well
-The starting point for the theory is that no society can work satisfactorily if it does not
have a peaceful order and usually other public goods as well
Revenue maximizing tax rate for an autocrat- minuscule increase in the tax rate will
reduce the national income by enough so that even though a larger percentage of
income is taken in taxes, the amount collected remains unchanged, and a tiny reduction
in the tax rate will increase the national income so much that even though a smaller
percentage is taken in taxes, receipts are unchanged
-Autocrat only adopts this tax rate if he plans to be around forever
We can deduce from the theory offered here that autocracy is prevented and
democracy permitted by the accidents of history that leave a balance of power or
stalemate-a dispersion of force and resources that makes it impossible for any one
leader or group to overpower all of the others.
Benefits of a democracy correct answers No monopolistic power, need large winning
coalition so more likely to cater to the national interest & guarantee the protection of
property and wealth
Tax rates of autocrats vs democracies correct answers Democracies have higher tax
rates. Olsen is wrong! Autocrats need to please capitalists, also autocrats often give
businesses to family and friends.
Helen Milner and Keiko Kubota correct answers Regime change toward democracy is
associated with trade liberalization. The three main arguments explaining economic
reform in the LDCs focus on external pressures, political leaders and their ideas, and
economic crisis. Liberalization has been associated with real changes in the developing
economies' exposure to international competition
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