International Economics and Political Economy

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Questions and Answers

What is the primary focus of international monetary economics and international macroeconomics?

National security and economic nationalism

Flows of money across countries and their effects on economies (correct)

Global communication and cultural hegemony

International conflicts and negotiations

What is the primary purpose of international political economy?

To analyze issues and impacts of international conflicts, sanctions, and agreements (correct)

To study international trade and commerce

To examine the economic dimensions of cultural hegemony

To understand the role of global communication in international relations

What led to the boom in international communication studies in the 1980s and 1990s?

The establishment of fiberoptic cables and satellites (correct)

The rise of global news and entertainment industries

The growth of international trade and commerce

The development of the Internet and social media

What is the primary focus of global communication studies?

The transfer of knowledge and ideas across geographic and cultural divides Signup and view all the answers

What is the historical context of international communication?

The nexus of economic, military, and political power Signup and view all the answers

What is the term used to describe the transfer of knowledge and ideas from centers of power to peripheries?

Intercultural hegemony Signup and view all the answers

What is the primary focus of international macroeconomics?

The flows of money across countries and their effects on economies Signup and view all the answers

What is the term used to describe the use of global news and entertainment to impose a new cultural order?

Soft power Signup and view all the answers

What is the primary focus of international economics?

Explaining the patterns and consequences of international transactions and interactions Signup and view all the answers

What is the scope of international communication?

Studying government-to-government, business-to-business, and people-to-people communication Signup and view all the answers

What is the primary concern of international trade?

Analyzing the demand and supply factors of goods and services Signup and view all the answers

What is the focus of international finance?

Analyzing the flow of capital across international financial markets Signup and view all the answers

What is the primary concern of international communication?

Examining the political and social concerns of international communication Signup and view all the answers

What is the scope of international communication studies?

Global communication or transnational communication Signup and view all the answers

What is the primary focus of international communication?

Examining the communication that occurs across international borders Signup and view all the answers

What is international communication concerned with?

Examining the communication that occurs across international borders, including political, economic, social, cultural, and military concerns Signup and view all the answers

What was the main reason behind Britain's dominance of the sea routes of international commerce?

Its pioneering work in the mapping out of naval charts Signup and view all the answers

What was the impact of the growth of international trade and investment on the need for information?

It increased the need for reliable data about international trade and economic affairs Signup and view all the answers

What was the outcome of the Universal Postal Convention of 1874?

All of the above Signup and view all the answers

What was the impact of the postal reform in England in 1840?

It introduced a single-rate postage stamp, regardless of distance Signup and view all the answers

What was the driving force behind the growth of international awareness?

Waves of emigration as a result of industrialization and empire Signup and view all the answers

What was the significance of the Greenwich Meridian in the context of international communication?

It was used as a reference point for determining longitude Signup and view all the answers

What was the role of the British Empire in the development of international communication?

It required a reliable supply of information essential for maintaining political alliances and military security Signup and view all the answers

What was the impact of the innovations in transport on international links?

They established new international links Signup and view all the answers

Study Notes

International Monetary Economics and International Macroeconomics

Study the flows of money across countries and their effects on the economies as a whole
International monetary economics studies the effects of international monetary flows on economies
International macroeconomics studies the overall performance of economies in the international context

International Political Economy

Studies issues and impacts of international conflicts, international negotiations, and international sanctions
Examines national security and economic nationalism
Analyzes international agreements and their observance

International Communication

The study of global communication or transnational communication
Focuses on communication that occurs across international borders
Encompasses political, economic, social, cultural, and military concerns

Historical Context of International Communication

The nexus of economic, military, and political power has always depended on efficient systems of communication
The evolution of telegraphic communication and empire in the 19th century exemplifies these interrelationships

Economic and Cultural Dimensions of International Communication

International economics studies the effects of international differences in productive resources and consumer preferences
International trade studies goods-and-services flows across international boundaries
International finance studies the flow of capital across international financial markets and the effects on exchange rates

Development of International Communication

The Industrial Revolution in Western Europe encouraged internationalization of communication
The British Empire's dominance of international commerce was due to its navy and merchant fleet
Technological advances, such as the steam engine and electric telegraph, helped to keep Britain ahead of its rivals
The growth of international trade and investment required reliable data about international trade and economic affairs
The postal reform in England in 1840 and the establishment of the Universal Postal Union in 1875 revolutionized international postal systems

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Description

Explore the flows of money across countries, international conflicts, and their effects on economies and national security.