Deck 3: Neomercantilism

Question 1

Neomercantilists

A) give priority to politics over economics.
B) give priority to economics over politics.
C) view IPE as a variable sum game.
D) view the state as existing on fairly equal footing with several important actors in IPE.

Answer 1

A

Question 2

Neomercantilists emphasize

A) relative gains
B) absolute gains
C) historical gains
D) negotiated gains

Answer 2

A

Question 3

Neomercantilists view globalization as

A) having a limited effect on the international political structures
B) having similar effects on large and small states.
C) systematically undermining state control.
D) mainly a political process.

Answer 3

A

Question 4

Compared with Marxists, neomercantilists are more likely to

A) be economistic.
B) draw linkages between domestic and international politics.
C) see hegemons as self-interested.
D) be supportive of capitalism.

Question 5

Friedrich List

A) viewed free trade as valuable in the long term for countries that had gained industrial supremacy.
B) advised governments in the South to protect their infant industries so they could catch up with developed countries in the North.
C) supported agricultural protectionism to build up the power of the state
D) provided advice on how Germany could catch up with the United States.

Question 6

U.S. realist scholars after World War II

A) finally recognized that economic issues had become more important.
B) saw political and economic issues as closely linked, and assumed that political power was essential for a state to gain economic power.
C) followed in the path of the mercantilists, Hamilton, and List.
D) were influenced by Adam Smith's ideas on the separability of politics and economics.

Question 7

The revival of neomercantilism as an IPE perspective in the 1970s and 1980s stemmed partly from

A) the neomercantilists' new awareness that economics had become as important as politics in IPE.
B) the neomercantilist belief that the growth of interdependence made the study of IPE essential.
C) the interest of neomercantilists in the Cold War and how it related to the global political economy.
D) increasing disarray in the global economy related to US economic challenges.

Question 8

Hegemonic stability theorists believe that

A) there have been a large number of global hegemons over the centuries.
B) economic openness and stability cannot be maintained in the absence of a global hegemon.
C) economic openness and stability are more likely when most other major states view the dominant state's policy as beneficial.
D) hegemony will be maintained as long as there is a dominant state.

Question 9

Gramscians

A) view hegemony in terms of the capitalist class's refusal to grant concessions to subordinate social classes.
B) view hegemony in terms of coercion of the weak by the strong.
C) view hegemony mainly in state-centric terms.
D) view hegemony in terms of culture and ideas.

Question 10

The free rider problem refers to:

A) when users benefit but do not help pay for the costs of a public good
B) when the hegemon provides all the costs of a public good
C) the need to create a system of equal rewards and payments for all users
D) all of the above

Question 11

Pure public goods are:

A) non-rival but excludable
B) non-rival and non-excludable
C) non-excludable, but can sometimes be rival.
D) non-excludable but rival

Question 12

Marxist are more likely to see hegemony as having what attribute?

A) benevolent
B) coercive
C) neither benevolent nor coercive
D) it depends on the circumstances

Question 13

Most renewalists in regard to U.S. hegemony

A) concede that U.S. economic power has decreased in a relative sense since 1945.
B) have focused exclusively on hard power
C) have seen steadily increasing influence since 2001
D) have seen hegemony as inherently unstable.

Question 14

Hegemonic stability theory

A) de-links economic and security alliances
B) has become of less interest to most IR scholars.
C) has been adopted by the Trump Administration.
D) has helped to clarify the relationship between international and domestic politics.

Question 15

Compared with liberals, neomercantilists are more likely to

A) see hegemons as having mixed motives.
B) see hegemons as exclusively focused on military sources of power.
C) see hegemons as more focused on economic sources of power.
D) see hegemons as more focused on domestic sources of power.

Question 16

Neomercantilism is the IPE counterpart of realism.

Question 17

Neomercantilists focus on unequal gains from trade.

Question 18

Neomercantilists see the world as orderly, based on the distribution of power among the strongest states.

Question 19

Neomercantilism and economic nationalism are virtually synonymous.

Question 20

Most hegemonic stability theorists believe that there have been only 3 global hegemons.

Question 21

"Declinists" tend to hold sway over "renewalists" in regard to U.S. hegemony continuing.

Question 22

China is clearly the next hegemon based on its economic projections.

Question 23

Economic thought and practice in Europe from about 1500 to 1750 which emphasized national power and contributed to state building, is referred to as

Question 24

IPE theorists who emphasize relative gains and the importance of the state are referred to as ______________ .

Question 25

Those who describe IR as a______________ game, believe that one state's gain is another's loss.

Question 26

When the uncoordinated actions of states do not produce the best possible outcome for them, there is a _______________________.

Question 27

The term______________refers to an extremely unequal distribution of power, where one powerful state controls or dominates other states in the international system.

Question 28

Goods that are nonexcludable and nonrival are ______________ .

Question 29

When a country can get other countries to want what it wants, the country has _______________ power.

Question 30

What are the similarities and differences between realism, and neomercantilism?

Question 31

Why did U.S. realists devote so little attention to IPE issues after World War II? Why was there a revival of U.S. neomercantilism in the 1970s-80s?

Question 32

How and why do theorists differ in their views regarding the strategies and motives of hegemonic states?

Question 33

What were the principle tenets of List's strategy? Is List's approach still relevant as a national development strategy for LDCs?

Question 34

What are "public goods", what purpose do they serve in the global economy, and why does their provision present collective action problems? What is the relationship between hegemony and public goods?

Question 35

How do theorists differ in their views regarding the current status of U.S. hegemony? Is any other actor likely to replace the United States as the global hegemon?

Question 36

What is the difference between hard and soft power, and how has U.S. hard and soft power changed in recent years?

Question 37

What is an economic sanction? Under what types of circumstances have they been imposed? What are the challenges to enforcing them?

Question 38

What are the prospects and challenges of China becoming the next hegemon? What would the implications be for North America, Japan, and Western Europe? What about for the Bretton Woods system?

Question 39

What are the strengths and weaknesses of the neomercantilist perspective?