Term
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Definition
1. works because of US hegemony
- advanced capitalism and democracy
- impose will on others |
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Term
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Definition
1. promotes free trade
-governs int'l trade
- helps all countries
2. US as liberal allows spread of democrcy |
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Term
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Definition
1. in interests of corporations
- materialistic
2. works because US is capitalist country |
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Term
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Definition
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Term
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Definition
1. Politics and Economy should be independent
2. absolute gain, positive sum
3. trade leads to peace |
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Term
| Comparative advantage, Marxist |
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Definition
1. supports corporations giving capital/labor mobility
- corporation "blackmail"
2. imperialism of free trade give North power, creating segregation |
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Term
| Comparative advantage, Realist |
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Definition
1. fear of dependence on others (weapons vs. wine)
2. strategic trade: create comparative adv. (crugeman) |
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Term
| Global economic forces affect: |
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Definition
1. democracy
2. sovereignty
3. accountability |
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Term
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Definition
1. politics determine economy
2. relative gain, zero sum
3. trade causes conflict |
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Term
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Definition
1. undermines domestic legislation and nationalism
2. barriers will rise because of self-interests |
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Term
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Definition
| 1. Supports imperialism and capitalist interests |
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Term
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Definition
1. economics determine politics
2. relative gains, zero sum (unequal distribution of wealth creates class struggle)
3. trade can lead to conflict ( WWI -> imperialism) |
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Term
|
Definition
1. economics determine politics
2. relative gains, zero sum (unequal distribution of wealth creates class struggle)
3. trade can lead to conflict ( WWI -> imperialism) |
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Term
| Comparative advantage, Liberal |
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Definition
1. main force behind free trade and WTO
2. efficiency promotes trade |
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