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Unformatted text preview: Chap. 18 Art 108 2) 1965 addition of 4 new non-permanent members II. International Political Economy (IPE) a. 2 theories 1) Economic Nationalism (Mercantilism) 2) Economic Liberalism b. Economic Nationalism 1) Win-lose (zero-sum) environment 2) Relative gains 3) Balance of Trade: Deficit and Surplus 4) Protectionism 5) Tariffs and non-tariff barriers 6) Predatory practices: price fixing and dumping 7) Cartel 8) Dependence = Vulnerability 9) Examples of Economic Nationalsts 10) Autarky c. Economic Liberalism 1) Win-win (positive-sum) environment 2) Absolute gains 3) Laws of the free market 4) Adam Smith `supply and demand’ 5) David Ricardo `comparative advantage’...
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This test prep was uploaded on 04/07/2008 for the course POLS 122 taught by Professor Hill during the Fall '08 term at Wisc Eau Claire.
- Fall '08
- United Nations