Test 1 Review - Test#1 Review Remember A nation is a social...

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Test #1 Review Remember: A nation is a social construction (not a legal entity). Can be a nation without being a state. There are 3 levels of analysis (Individual, domestic (State), and Interstate levels). Use WW1 as an example: Assassination of Franz, Governments of the alliances (democratic versus authoritarian), and The balance of power in the “Powder keg”. Treaty of Westphalia: Established sovereignty. Cult of the offensive: Universal theory that offensive weapons were the way to win a war. Domino Theory: First person to fire would jumpstart the war because nobody wanted to be left vulnerable. World Depression after WW1. Germanic debt rose 400-500%. Brenton Woods: o Fixed Exchange Rates: Based on an OZ of gold ($35). Caused dollar to be currency of choice. People want to go back to a fixed exchange rate today, but it cannot happen. Only worked because the United States was the superpower with the only money. Leave gold standard in 1971 due to the “dollar overhang”. o International Monetary Fund: The lender of last resort. Controversial. Keeps countries from rapid inflation rates.
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This note was uploaded on 03/15/2012 for the course POLI SCI 103 taught by Professor Pevehouse during the Spring '08 term at University of Wisconsin.

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Test 1 Review - Test#1 Review Remember A nation is a social...

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