IR Quiz 4 Prep

IR Quiz 4 Prep - Chapter 8 International Political Economy-...

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Chapter 8 International Political Economy - Study of the politics of international economic activities, such as trade, and multinational corporations, and their interactions with other transnational forces. Pg.11 Free Trade Regime/ LIEO- Liberal International Economic Order Common expectations governments have about the rules of international trade Pg 304 WTO, NAFTA (Liberal Economic Organizations) Goals, Norms of LIEO Free trade, economic organization Rules Reciprocity, monetary stability Monetary free trade Leave politics out Most favored nation Trade Integration Liberalization Commercialization WTO.org- pg 290 Global multilateral IGO, promotes, monitors, and adjudicates trade Observer nations Structure- 1 country, 1 vote Council for Trade in Goods Council for trade related aspects oh intellectual property rights Council of Trade and Services GATT Free Trade Regime Not financial Institution International Currency Exchange Each State’s can be co-exchanged at different rates International Financial Institutions
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IR Quiz 4 Prep - Chapter 8 International Political Economy-...

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