IPE Midterm Study Guide_Spring 2014(3) - International...

International Political Economy: Midterm Study Guide Fall 2014
Short Answers (Define each of the following concepts and explain how they are interrelated. Give
an example that illustrates the theoretical, historical, or policy significance of each concept.)
1) Absolute vs. relative gains
2) Nationalism vs. liberalism
3) Structural realism vs. historical realism
4) Mercantilism vs. most-favored nation principle
5) Neo-realist vs. neo-liberal institutionalism
6) Constructivism vs. cognitivism
7) Marxism vs. institutionalism
8) Structuralism vs. radicalism
9) British School vs. international organization
10) Collective action problem and trade protection
11) Log-rolling and the Smoot-Hawley Act of 1930
12) Fixed vs. floating exchange rates
13) Monetary and fiscal policies
14) Solow neoclassical vs. endogenous growth models
15) Mundell-Fleming trilemma and the gold standard
16) Foreign exchange rate intervention vs. foreign exchange rate sterilization
17) Free-rider problem vs. inhibiting fear
18) Public vs. private goods
19) Common pool resource vs. inclusive club goods
20) Positive vs. negative selective incentives
21) Comparative advantage vs. kaleidoscopic comparative advantage
22) Heckscher-Olin model and factors proportion analysis
23) Stolper-Samuelson vs. specific factors model