Bretton woods - Study guides, Class notes & Summaries

Test Bank for Cohn Global Political Economy Theory and Practice 7th EditionChapter 1 Introduction Multiple Choice 1) Theorists who define globalization primarily as an economic phenomenon with little effect on the primacy of states are a) moderate globalists. b) hyperglobalists. c) internationalists. d) liberal economists. Answer: c; Page 7 2) Theorists who emphasize the fact that international relations is a “self- help” system are most often a) historical materialists. b) liberals. c...

Globalization The shift toward a more integrated and interdependent world economy. Globalization of markets The merging of historically distinct and separate national markets into one huge global marketplace. Globalization of production The sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production. Factors of production Labor, energy, land, and capital. General Agreemen...

GVPT 282 Midterm Latest 2023 Asian Infrastructure Investment Bank (AIIB) The AIIB is a financial institution focused on multilateral development in the Asia-Pacific region. This bank, with its 17-founding member and other joiners, competes with the IFIs established under the Bretton Woods System, mainly the World Bank and IMF. As a result, it threatens U.S.'s power to advance its foreign policy through conditionality for loans. Instead, IFIs may not compete, and this competition allows developi...

DVA1501 EXAM SCOPE PLUS ANSWERS 100% CORRECT DISTINCTION IN THE BAG! PAST YEAR ASSIGNMENTS AND TEXTBOOK INCLUDED! Section A: essay-type questions, focus on the following: Learning units 1 and 3 From this unit, you are required to know and understand: • the history of colonisation in Africa • the negative impacts of colonisation by referring to dependency theory and decolonial theory Learning unit 4 From this unit, you are required to know and understand: • the concept of sust...

World Bank Correct Answer-A Bretton Woods institution, originally charged with the responsibility of providing financial and technical assistance to the war-torn economies of Europe Bretton Woods conference Correct Answer-A small town in New Hampshire that was, in July 1944, the site of talks establishing the international financial and economic order after World War II. The International Monetary Fund and the World Bank emerged from this common external tariff Correct Answer-the policy of...

the rules of the game (classic gold standard) under the gold standard, a country's money supply was limited to the amount of gold held by its central bank; each country set the rate at which its currency unit (paper or coin) could be converted to a given weight of gold (fixed exchange rate) defending a fixed exchange rate under the gold standard, a country was responsible for preserving the exchange value of the country's currency by being willing and able to exchange its cu...

Social Studies 10-1: Unit 3 Latest Update Graded A+ Big economic boom example In the 1920s - The rebuild after WWI caused an economic 'boom' around the world. What happened to the economy during the Great Depression? 1929 - USA's stock market crashPre-crash = closest to "true" capitalism Economic interconnectedness = Global recession -> Global depression 1930's - banks failed- people lost savings- mass unemployment/poverty- nations turned inwards- high tariffs- world trade...

IB Global Politics Latest Update Graded A+ Realism is an approach to the study and practice of international politics. It emphasizes the role of the nation-state and makes a broad assumption that all nation-states are motivated by national interests, or, at best, national interests disguised as moral concerns. Liberalism With the proper institutions and diplomacy, ________ believes that states can work together to maximize prosperity and minimize conflict. Marxism is a political a...

Social Studies 10-1: Unit 3 - Economic Globalization Already Passed Nationalize The taking over of ownership by a government from private businesses Common Market An agreement between or among countries that includes the free trade of goods and services and the free movement of capital and labour within the trading bloc International Bank for Reconstruction and Development (IBRD) An institution of the World Bank that helps low & middle income countries re-develop International D...

IB Global Politics Vocab (units 1-4) Practice Exam with Verified Answers Realism - CORRECT ANSWER-an approach to politics that emphasizes the role of the nation-state and makes a broad assumption that all nation-states are motivated by national interests, or, at best, national interests disguised as moral concerns. Liberalism - CORRECT ANSWER-a theory founded on the natural goodness of humans and the autonomy of the individual and favoring civil and political liberties, government by...