Bilateralism
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Questions and Answers

Which of the following best describes autarky?

  • Countries participating in mutually beneficial trade relationships and extensive rules harmonization
  • Countries seeking political self-sufficiency with little or no external trade or finance (correct)
  • Countries exercising complete control over the supply of technology, goods, and services
  • Countries seeking political cooperation and globalization
  • What are the benefits of a hegemonic system?

  • Complete control over the supply of technology, goods, and services
  • Increased likelihood of geopolitical risk
  • Extensive rules harmonization
  • Important influence on global affairs (correct)
  • Which countries can be considered multilateral?

  • China and Venezuela
  • China and North Korea
  • Germany and Singapore (correct)
  • Venezuela and Singapore
  • What factors contribute to Singapore's economic openness?

    <p>Geographic location and diverse population</p> Signup and view all the answers

    What is the potential impact of an autarkic stance?

    <p>Gradual loss of economic and political development</p> Signup and view all the answers

    What is the role of state-owned enterprises in hegemonic countries?

    <p>Control key export markets</p> Signup and view all the answers

    Why is Singapore highly dependent on international cooperation for its economic growth?

    <p>Limited factor endowment</p> Signup and view all the answers

    Which type of cooperation involves multiple partners and can be conducted at the exclusion of other groups?

    <p>Regionalism</p> Signup and view all the answers

    What is the most extreme example of a national security tool?

    <p>Armed conflict</p> Signup and view all the answers

    Which country was described as engaging in substantial political cooperation for the sake of building a strong export market, but did not globalize its imports?

    <p>Japan</p> Signup and view all the answers

    What are the three types of tools of geopolitics mentioned in the text?

    <p>National security tools, economic tools, and financial tools</p> Signup and view all the answers

    Which type of tool of geopolitics reduces flows between countries and can escalate conflict?

    <p>Tools escalating conflict</p> Signup and view all the answers

    What is the conduct of political, economic, financial, or cultural cooperation between two countries called?

    <p>Bilateralism</p> Signup and view all the answers

    What is the term for a group of countries that cooperate with one another?

    <p>Regionalism</p> Signup and view all the answers

    Which two axes are used by investment analysts to assess geopolitical actors and the likelihood of threat to investment outcomes?

    <p>Political cooperation versus non-cooperation and globalization versus nationalism</p> Signup and view all the answers

    What are the four archetypes of country behavior presented in the framework?

    <p>Autarky, hegemony, multilateralism, and bilateralism</p> Signup and view all the answers

    Which countries are more likely to benefit from greater global cooperation in terms of growth rates and investment returns?

    <p>Regions, countries, and industries that are more dependent on cross-border goods and capital flows</p> Signup and view all the answers

    What is one of the trade-offs associated with diversifying the means of production?

    <p>It provides some shield against risk but also provides more touchpoints by which risk can occur</p> Signup and view all the answers

    What does the interdependent nature of activities among cooperative countries often make them?

    <p>More vulnerable to geopolitical risk</p> Signup and view all the answers

    Which of the following is NOT one of the axes explored in the framework?

    <p>Autarky versus hegemony</p> Signup and view all the answers

    What do the axes of cooperation versus non-cooperation and globalization versus nationalism represent?

    <p>A spectrum of factors used to assess geopolitical risk</p> Signup and view all the answers

    Which of the following is an example of an indirect national security tool mentioned in the text?

    <p>Espionage</p> Signup and view all the answers

    What is one way that armed conflict can impact neighboring countries?

    <p>It can reshape international flows of labor</p> Signup and view all the answers

    Which organization was originally constructed to provide collective security against the Soviet Union?

    <p>NATO</p> Signup and view all the answers

    What is the purpose of military alliances mentioned in the text?

    <p>To aid in direct conflict</p> Signup and view all the answers

    Which of the following is NOT mentioned as a potential impact of migration away from areas of armed conflict?

    <p>Reshaping international flows of services</p> Signup and view all the answers

    What is the purpose of the North Atlantic Treaty Organization (NATO) mentioned in the text?

    <p>To discuss and deescalate potential conflict</p> Signup and view all the answers

    What is one way that state actors can reduce the likelihood of using national security tools?

    <p>By combining forces with other state actors</p> Signup and view all the answers

    What is the impact of migration away from areas of armed conflict on international flows of goods?

    <p>It can reshape international flows of goods</p> Signup and view all the answers

    What is the purpose of espionage mentioned in the text?

    <p>To obtain political or military information</p> Signup and view all the answers

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