International Political Economy Exam
Preparation Guide
Course Introduction
International Political Economy explores the complex interplay between politics and economics on a global scale. The course examines how states, institutions, and markets interact to shape the distribution of wealth and power across and within countries. Students analyze key theories, policy debates, and historical trends in trade, finance, development, and globalization. Topics such as international trade agreements, monetary systems, economic crises, and the role of international organizations provide insight into how political decisions impact economic outcomes and vice versa. Through case studies and critical discussions, the course provides students with the tools to understand and assess contemporary challenges in the global economic system.
Recommended Textbook
World Politics Interests Interactions Institutions 3rd Edition by Jeffry A. Frieden
Available Study Resources on Quizplus
17 Chapters
1179 Verified Questions
1179 Flashcards
Source URL: https://quizplus.com/study-set/1347 Page 2
Chapter 1: Introduction
Available Study Resources on Quizplus for this Chatper
30 Verified Questions
30 Flashcards
Source URL: https://quizplus.com/quiz/26889
Sample Questions
Q1) What dominates interaction between actors under constructivism?
A)Norms.
B)Security.
C)Scarcity.
D)Power.
E)Capitalism.
Answer: A
Q2) What is anarchy for realists?
A)The result of meddling by institutions like the United Nations.
B)People doing whatever they want to do.
C)No moral code.
D)A lack of ethics for international organizations.
E)The lack of central authority to make and enforce laws upon states.
Answer: E
Q3) Is realism realistic? Explain why you think the framework is suitable for international relations,or,if you do not think it is,does liberalism or constructivism make more sense? Answer: Answer will vary.
To view all questions and flashcards with answers, click on the resource link above.
Page 3
Chapter 2: What Shaped Our World
Available Study Resources on Quizplus for this Chatper
66 Verified Questions
66 Flashcards
Source URL: https://quizplus.com/quiz/26890
Sample Questions
Q1) Which of the following is the best example of the challenges to globalization in the modern world?
A)Arab Spring uprisings lead to uncertain results in Middle Eastern and North African countries.
B)Developing economies push for reforms in the United Nations General Assembly.
C)The value of currencies fluctuate now that there is no more gold standard.
D)China and Russia refuse to fully open their borders to international trade.
E)The United States brings trade dispute cases to the World Trade Organization.
Answer: D
Q2) What were the major assumptions behind mercantilism? Why did mercantilism give way to globalization and free trade? Whose interests were most served by the change?
Answer: Answer will vary.
Q3) The world as a meaningful political and economic unit emerged:
A)when the Roman Republic first became the Roman Empire.
B)with the first successful unification of China.
C)sometime after 1500.
D)during the Cold War between the United States and the Soviet Union.
E)after the collapse of the Soviet Union.
Answer: C
To view all questions and flashcards with answers, click on the resource link above.
Page 4
Chapter 3: Understanding Interests, interactions, and Institutions
Available Study Resources on Quizplus for this Chatper
75 Verified Questions
75 Flashcards
Source URL: https://quizplus.com/quiz/26891
Sample Questions
Q1) A state wanting to promote democracy in developing countries would be pursuing which kind of goal?
A)Power.
B)Security.
C)Ideological.
D)Economic gain.
E)Material welfare.
Answer: C
Q2) In international relations,actors can be any of the following EXCEPT: A)individuals.
B)international organizations.
C)groups.
D)rules.
E)states.
Answer: D
Q3) Under what conditions are both hunters likely to cooperate in the Stag Hunt game?
Answer: Answer will vary.
To view all questions and flashcards with answers, click on the resource link above.
Page 5
Chapter 4: Why Are There Wars
Available Study Resources on Quizplus for this Chatper
71 Verified Questions
71 Flashcards
Source URL: https://quizplus.com/quiz/26892
Sample Questions
Q1) Why is war a relatively rare occurrence?
Answer: Answer will vary.
Q2) All of the following are ways to make war less likely EXCEPT:
A)increasing the costs of going to war.
B)increasing transparency.
C)outside enforcement of commitments.
D)increasing the number of actors involved in a conflict.
E)dividing apparently indivisible goods.
Answer: D
Q3) A state that provokes a crisis would most prefer:
A)to go to war to achieve its goals.
B)that the other state capitulate completely.
C)that the other side agree to negotiations over the dispute.
D)that an international organization would agree to mediate the dispute.
E)that a more powerful country intervene in the dispute.
Answer: B
Q4) What is the difference between a preemptive war and a preventive war?
Answer: Answer will vary.
Q5) How does poor and incomplete information contribute to the likelihood of war?
Answer: Answer will vary.
To view all questions and flashcards with answers, click on the resource link above. Page 6
Chapter 5: Domestic Politics and War
Available Study Resources on Quizplus for this Chatper
68 Verified Questions
68 Flashcards
Source URL: https://quizplus.com/quiz/26893
Sample Questions
Q1) How are leaders' interests and options different in democratic and nondemocratic countries?
Q2) Which of the following is an example of how bureaucratic organizations affect decision making?
A)Halliburton and other companies providing information to the U.S.government that increased the pressure on Iraq.
B)United Fruit pushing the U.S.government to overthrow the Arbenz regime in Guatemala.
C)The Iraq Study Group report leading to changes in the Bush administration's strategy in Iraq.
D)The American Israel Public Affairs Committee urging the Bush administration to stand firm in its support of Israel.
E)The United States making mistakes after the 2003 Iraq War because the Defense Department and the State Department fought over strategy.
Q3) Explain how and to what extent the military can influence foreign policy decisions.
Q4) When is it likely that interest groups will influence foreign policy decisions?
Q5) Why might the democratic peace simply be a coincidence?
To view all questions and flashcards with answers, click on the resource link above. Page 7
Chapter 6: International Institutions and War
Available Study Resources on Quizplus for this Chatper
67 Verified Questions
67 Flashcards
Source URL: https://quizplus.com/quiz/26894
Sample Questions
Q1) How do collective security organizations promote peace? When are these organizations likely to succeed or fail?
Q2) What is a humanitarian intervention?
A)When a third party joins a conflict to prevent its ally from losing.
B)When a third party attempts to relieve a crisis involving human rights abuses.
C)When a third party erects tariffs on imports to recoup losses from unfair trade practices.
D)When a third party drafts a resolution of condemnation in the United Nations.
E)When an established alliance allows a weaker state to join it.
Q3) Which of the following best describes an alliance?
A)An institution that promotes peace among its members.
B)An institution that helps states cooperate militarily to achieve their common security goals.
C)Organizations that assist states in increasing their weapons development.
D)An agreement between two countries to collectively monitor their elections.
E)An organization that helps promote members' common interest in ensuring peace.
Q4) Why do states join alliances? What are the risks and benefits for states joining an alliance?
Q5) How did alliances contribute to the "Long Peace" of the twentieth century?
Q6) How did the alliance system contribute to the beginning of World War I?
To view all questions and flashcards with answers, click on the resource link above. Page 8
Chapter 7: Violence by Nonstate Actors: Civil War and Terrorism
Available Study Resources on Quizplus for this Chatper
67 Verified Questions
67 Flashcards
Source URL: https://quizplus.com/quiz/26895
Sample Questions
Q1) Why does Russia continue to engage in a costly war against Chechnya instead of granting it autonomy?
A)Russia believes that if appeased,the Chechnyans would just ask for more.
B)Other potential separatists would then start their own campaigns for independence.
C)Russia does not have the authority to grant autonomy to republics.
D)Russia is concerned that Chechnya would not be able to exist on its own.
E)The value of Chechnyan territory is worth the cost of a bloody war.
Q2) If Al Qaeda demanded that the leadership of the United States converted to Islam,what kind of bargaining problem would this represent?
A)Information asymmetries.
B)Commitment problems.
C)Issue indivisibilities.
D)International intervention.
E)Brinkmanship bargaining.
Q3) How do rebels overcome the collective action problem? What strategies are the most successful and why?
Q4) Why are civil wars concentrated in particular regions of the world?
Q5) Can states effectively prevent or deter terrorism? Why or why not?
To view all questions and flashcards with answers, click on the resource link above. Page 9
Chapter 8: International Trade
Available Study Resources on Quizplus for this Chatper
71 Verified Questions
71 Flashcards
Source URL: https://quizplus.com/quiz/26896
Sample Questions
Q1) Given the following exports,which of these is most likely a rich,developed country?
A)A country that exports shoes.
B)A country that exports computer chips.
C)A country that exports copper.
D)A country that exports oil.
E)A country that exports jeans.
Q2) Developing countries have been surprisingly receptive to free trade since the 1970s.According to scholars this is likely because of which other development?
A)Developed nations offered incentives to encourage free trade.
B)More developing countries became democratic rather than authoritarian.
C)The United Nations mandated free trade among developing countries.
D)Developing nations began doing more trade with each other.
E)Offshoring of jobs from developed nations encouraged developing countries to embrace free trade.
Q3) Demonstrate mathematically how comparative advantage suggests two countries should specialize and trade.Despite the math,why would countries refuse to partake in trade?
Q4) Explain how trade bargaining problems can resemble a Prisoner's Dilemma.
To view all questions and flashcards with answers, click on the resource link above.
Page 10
Chapter 9: International Financial Relations
Available Study Resources on Quizplus for this Chatper
68 Verified Questions
68 Flashcards
Source URL: https://quizplus.com/quiz/26897
Sample Questions
Q1) How well does the Heckscher-Ohlin approach explain international immigration?
Q2) Which of the following is NOT an example of what the International Monetary Fund does?
A)It certified that Mexico complied with its norms.
B)It forced the Indonesian government to close banks.
C)It represented Citicorp and Bank of America when Argentina suspended its loan repayment.
D)It provided a loan to Thailand during its 1997 economic crisis.
E)It recommended that Ivory Coast reduce its education spending.
Q3) Sovereign lending is when:
A)a country gives up control of a resource-rich territory in exchange for a loan.
B)a ruler of a country lends money to his or her subjects.
C)the king or queen of a constitutional monarchy receives loans from parliament.
D)monarchs borrow money from public financial institutions.
E)governments borrow money from private financial institutions.
Q4) What leverage over foreign direct investment,if any,does a developing country have over a multinational corporation?
Q5) If international finance is beneficial,why is it controversial?
To view all questions and flashcards with answers, click on the resource link above. Page 11
Chapter 10: International Monetary Relations
Available Study Resources on Quizplus for this Chatper
68 Verified Questions
68 Flashcards
Source URL: https://quizplus.com/quiz/26898
Sample Questions
Q1) Monetary policy is the government's ability to:
A)affect the economy by using its power to spend on public works projects.
B)raise tax revenues.
C)regulate imports and exports.
D)affect the economy by manipulating the money supply.
E)borrow and spend.
Q2) What is a floating exchange rate?
A)A monetary system in which the exchange rates of major currencies retain nearly the same value with respect to the U.S.dollar but are allowed to fluctuate during crises.
B)A monetary system in which the exchange rates of currencies are set at a permanent price of gold.
C)A monetary system in which the exchange rates of major currencies retain nearly the same value with respect to gold but are periodically adjusted during currency crises.
D)A monetary system in which exchange rates are allowed to change according to their market prices.
E)A trading system in which governments do not limit how many goods can be sent between countries.
Q3) When and why do governments agree on a particular monetary system?
To view all questions and flashcards with answers, click on the resource link above. Page 12
Chapter 11: Development: Causes of the Wealth and Poverty of Nations
Available Study Resources on Quizplus for this Chatper
73 Verified Questions
73 Flashcards
Source URL: https://quizplus.com/quiz/26899
Sample Questions
Q1) According to Argentine economist Raúl Prebisch,________ countries are likely to benefit from the long-term trajectory of the terms of trade in the international economy.
A)militarily powerful
B)less developed
C)developed
D)democratic
E)autocratic
Q2) Why are governments sometimes unable or unwilling to implement policies that create favorable conditions for economic growth?
Q3) Why do most industrialized countries subsidize and protect their farmers?
A)Farmers are a politically important domestic interest group.
B)More developed countries want to hurt the economies of less developed countries.
C)Economic theory supports the idea that food should be protected.
D)The countries need lower-priced food to sustain industrialization.
E)The United Nations encourages countries to have a strong domestic agricultural industry.
Q4) What explains the different patterns of economic development for Zambia and South Korea?
13
To view all questions and flashcards with answers, click on the resource link above.
Chapter 12: International Law and Norms
Available Study Resources on Quizplus for this Chatper
64 Verified Questions
64 Flashcards
Source URL: https://quizplus.com/quiz/26900
Sample Questions
Q1) What makes a state more or less likely to follow an international law? Why would states want to give up part of their sovereignty in ratifying an international law or following an international norm?
Q2) How is international law created?
A)Through the senate of the United Nations.
B)It is ratified by at least three international organizations.
C)It is upheld by international courts.
D)Through state interactions,customs,and conventions.
E)The most powerful state in the international system determines what is and is not law.
Q3) The Geneva Conventions address:
A)appropriate treatment of civilians and captured soldiers during times of war.
B)the timeliness with which states must respond to allegations of crimes against humanity.
C)the banning of chemical,biological,nuclear,and other particularly hazardous weapons.
D)the use of landmines in civilian areas.
E)the emissions of carbon and potentially hazardous chemicals that states are allowed.
Q4) What role do TANs play in the creation of international agreements?
To view all questions and flashcards with answers, click on the resource link above.
14
Chapter 13: Human Rights
Available Study Resources on Quizplus for this Chatper
69 Verified Questions
69 Flashcards
Source URL: https://quizplus.com/quiz/26901
Sample Questions
Q1) Why would it be important to frame a human rights issue in an African country as an anticolonial struggle in order to gain widespread support?
A)The former colonial powers are easy to blame for the problems of African countries.
B)The United States,which did not colonize African colonies,will be more likely to join in the campaign.
C)Emphasizing anticolonialism helps overcome objections about violating sovereignty.
D)African countries are always willing to join a movement that attacks former colonial powers.
E)The former colonial powers may feel guilty about past exploitation and help resolve the issue.
Q2) Why do states have interests in enforcing human rights law in other countries? Do they always have an interest in enforcing human rights laws?
Q3) How did transnational advocacy networks (TANs)affect the campaign against apartheid in South Africa?
Q4) Why do countries sign human rights agreements,even if they are not likely to follow them in the future?
To view all questions and flashcards with answers, click on the resource link above. Page 15
Chapter 14: The Global Environment
Available Study Resources on Quizplus for this Chatper
66 Verified Questions
66 Flashcards
Source URL: https://quizplus.com/quiz/26902
Sample Questions
Q1) Why was the adoption of expensive new technologies more effective in limiting oil discharges by tankers as opposed to the cheaper alternatives that failed to change the behavior of tanker operators?
Q2) Which is the region with the best record for protecting the environment?
A)Europe.
B)South Asia.
C)North America.
D)South America.
E)The Middle East.
Q3) Which of the following products is nonexcludable?
A)National Security.
B)Food.
C)Clothing.
D)Access to a store.
E)The ability to attend a class.
Q4) Why has cooperation in restoring the ozone been more successful than efforts to address climate change?
Q5) When is cooperation on international environmental problems most likely to occur?
To view all questions and flashcards with answers, click on the resource link above. Page 16
Chapter 15: The Future of International Politics
Available Study Resources on Quizplus for this Chatper
74 Verified Questions
74 Flashcards
Source URL: https://quizplus.com/quiz/26903
Sample Questions
Q1) History suggests that the most dangerous part of nuclear weapons is:
A)how tempted countries are to use them in times of war.
B)the timing of their deployment at the end of wars.
C)the unevenness with which they have spread through the international system.
D)the frequency with which they have been used in the past.
E)their tendency to encourage the development of dangerous nuclear energy sources.
Q2) According to the Stolper-Samuelson theorem,which of the following in a rich country would be most likely to oppose globalization?
A)Agricultural workers.
B)Bankers.
C)Investors.
D)The automobile industry.
E)Internet companies.
Q3) Which of the following is an example of central planning?
A)The government sets a minimum wage for all workers.
B)The government decides how many automobiles will be built each year.
C)The government designs and builds major highways.
D)The government ensures that every citizen has health care.
E)The government subsidizes public transportation.
To view all questions and flashcards with answers, click on the resource link above.
Page 17
Chapter 16: Foundations, war, and Peace
Available Study Resources on Quizplus for this Chatper
96 Verified Questions
96 Flashcards
Source URL: https://quizplus.com/quiz/26887
Sample Questions
Q1) What are coordination problems,cooperation problems,and collaboration problems,and how do they differ?
Q2) We say that democracies are more transparent than nondemocracies.This means that:
A)democracies are more peace-loving than nondemocracies.
B)democracy is fragile and can be overturned by war.
C)it is easier for outsiders to determine the capabilities of democracies.
D)the foreign policies of democracies are unstable.
E)autocracies have faded away in the contemporary period.
Q3) The European Union represents what kind of organization?
A)Collective security.
B)Regional trade.
C)Offensive alliance.
D)Terrorist.
E)World government.
Q4) Explain how there is a credibility problem in states representing their interests,capabilities,and resolve in international relations.
Q5) The Soviet Union and the United States never fought a direct war with each other.What institutions,practices,and events prevented the Cold War from becoming hot?
Page 18
To view all questions and flashcards with answers, click on the resource link above.
Chapter
Politics, and Looking Ahead
Available Study Resources on Quizplus for this Chatper
86 Verified Questions
86 Flashcards
Source URL: https://quizplus.com/quiz/26888
Sample Questions
Q1) Why does the International Monetary Fund (IMF)encourage liberalization in the face of a financial crisis?
A)The IMF would not have the authority to loan money if it did not encourage liberalization.
B)Liberalization can only occur in conjunction with a financial crisis of sufficient size.
C)Liberalization will help reduce deficits by making the cost of goods go down domestically.
D)Liberalization will help the country generate more revenue by increasing taxes on imports.
E)Countries normally have protections against IMF goods and the IMF wants a level playing field.
Q2) The Universal Declaration of Human Rights includes all of the following EXCEPT:
A)employment and equal pay for equal work.
B)rest and leisure.
C)an adequate standard of living.
D)marriage and procreation.
E)Internet access.
To view all questions and flashcards with answers, click on the resource link above. Page 19