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Questions and Answers
What is the main focus of International Political Economy?
What is the main focus of International Political Economy?
- Market individuals engaging in self-interested activities
- State individuals undertaking collective action
- Global economic development (correct)
- Social forces across history
Which perspective believes in the role of the state in promoting national economic self-sufficiency?
Which perspective believes in the role of the state in promoting national economic self-sufficiency?
- Nationalism (correct)
- Liberalism
- Marxism
- Globalism
What is a key characteristic of Mercantilism?
What is a key characteristic of Mercantilism?
- Accumulation of foreign currency reserve (correct)
- Free market system
- Removal of tariff barriers
- Promotion of foreign trade
What is a primary focus area of Liberalism in International Political Economy?
What is a primary focus area of Liberalism in International Political Economy?
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Which perspective advocates for state monopolies associated with trade?
Which perspective advocates for state monopolies associated with trade?
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In the context of IPE, what is autarky aimed at promoting?
In the context of IPE, what is autarky aimed at promoting?
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Which theoretical perspective emphasizes restrictions on imports through tariff barriers?
Which theoretical perspective emphasizes restrictions on imports through tariff barriers?
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