POL 3 FINAL

POL 3 FINAL - POL 3 REVIEW World economics o Fixed exchange...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
POL 3 REVIEW World economics o Fixed exchange rate: value of currency fixed to a set value (like gold) o Pegged exchange rate: value of currency fixed to a currency (or basket of currencies (like the dollar) o Floating exchange rate: value of currency subject to supply and demand of market forces. Benefit is getting to keep independence of monetary policy. Drawback is volatility in trade. How does interdependence affect the interaction of states? o Makes cooperation more likely o Makes conflict less likely. What are the main features of the EU’s central institutions? o Looking here for whether or not they are IGOs or supranational institutions and why. Under what circumstances can the UN use their humanitarian intervention power? o UNSC members must agree that a violation of human rights has occurred (with 9 positive votes, no veto) Veto available at this step o UNSC members must agree that the violation warrants sending a humanitarian intervention missions (violating the sovereignty of the state
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

POL 3 FINAL - POL 3 REVIEW World economics o Fixed exchange...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online