International Political Economy: Midterm Study Guide Fall 2014Short Answers (Define each of the following concepts and explain how they are interrelated. Givean example that illustrates the theoretical, historical, or policy significance of each concept.)1)Absolute vs. relative gains2)Nationalism vs. liberalism3)Structural realism vs. historical realism4)Mercantilism vs. most-favored nation principle5)Neo-realist vs. neo-liberal institutionalism6)Constructivism vs. cognitivism7)Marxism vs. institutionalism8)Structuralism vs. radicalism9)British School vs. international organization10)Collective action problem and trade protection11)Log-rolling and the Smoot-Hawley Act of 193012)Fixed vs. floating exchange rates13)Monetary and fiscal policies14)Solow neoclassical vs. endogenous growth models
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