Bretton woods Study guides, Class notes & Summaries

Test Bank for Cohn Global Political Economy Theory and Practice 7th EditionChapter 1 Introduction Multiple Choice 1) Theorists who define globalization primarily as an economic phenomenon with little effect on the primacy of states are a) moderate globalists. b) hyperglobalists. c) internationalists. d) liberal economists. Answer: c; Page 7 2) Theorists who emphasize the fact that international relations is a “self- help” system are most often a) historical materialists. b) liberals. c...

GVPT 282 Midterm Latest 2023 Asian Infrastructure Investment Bank (AIIB) The AIIB is a financial institution focused on multilateral development in the Asia-Pacific region. This bank, with its 17-founding member and other joiners, competes with the IFIs established under the Bretton Woods System, mainly the World Bank and IMF. As a result, it threatens U.S.'s power to advance its foreign policy through conditionality for loans. Instead, IFIs may not compete, and this competition allows developin...

**EDIT: I got a 9.7 for the assignment. If you would like to get a copy of my assignment for inspiration, drop your email address a comment when you review this summary! This document was carefully made to summarizing the 7 lectures of the course, as well as the 220 pages of the 10 papers to be read as lecture preparation. I spent a long time crafting this document and after studying with it for the exams I got a 9.5 for the course. The document was made with a 'Cornell' layout, meaning th...

The term "emerging economies" has replaced the term _____. - Correct answerDeveloping countries The gross domestic product plus the income from non-resident sources abroad gives the ____. - Correct answer-gross national product More than 25% of global GDP comes from _____. - Correct answer-BRICS countries Viewing the global economy as a pyramid, the Triad refers to _____. - Correct answerNorth America, Western Europe, and Japan People who earn _____ a year comprise the base of the global ...

World Bank Correct Answer-A Bretton Woods institution, originally charged with the responsibility of providing financial and technical assistance to the war-torn economies of Europe Bretton Woods conference Correct Answer-A small town in New Hampshire that was, in July 1944, the site of talks establishing the international financial and economic order after World War II. The International Monetary Fund and the World Bank emerged from this common external tariff Correct Answer-the policy of...

Social Studies 10-1: Unit 3 - Economic Globalization Already Passed Nationalize The taking over of ownership by a government from private businesses Common Market An agreement between or among countries that includes the free trade of goods and services and the free movement of capital and labour within the trading bloc International Bank for Reconstruction and Development (IBRD) An institution of the World Bank that helps low & middle income countries re-develop International D...

Social Studies 10-1: Unit 3 Latest Update Graded A+ Big economic boom example In the 1920s - The rebuild after WWI caused an economic 'boom' around the world. What happened to the economy during the Great Depression? 1929 - USA's stock market crashPre-crash = closest to "true" capitalism Economic interconnectedness = Global recession -> Global depression 1930's - banks failed- people lost savings- mass unemployment/poverty- nations turned inwards- high tariffs- world trade...

IB Global Politics Latest Update Graded A+ Realism is an approach to the study and practice of international politics. It emphasizes the role of the nation-state and makes a broad assumption that all nation-states are motivated by national interests, or, at best, national interests disguised as moral concerns. Liberalism With the proper institutions and diplomacy, ________ believes that states can work together to maximize prosperity and minimize conflict. Marxism is a political a...

IB Global Politics Vocab (units 1-4) Practice Exam with Verified Answers Realism - CORRECT ANSWER-an approach to politics that emphasizes the role of the nation-state and makes a broad assumption that all nation-states are motivated by national interests, or, at best, national interests disguised as moral concerns. Liberalism - CORRECT ANSWER-a theory founded on the natural goodness of humans and the autonomy of the individual and favoring civil and political liberties, government by...

Globalization The shift toward a more integrated and interdependent world economy. Globalization of markets The merging of historically distinct and separate national markets into one huge global marketplace. Globalization of production The sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production. Factors of production Labor, energy, land, and capital. General Agreemen...