ITS 201 Study Guide - Midterm Guide: Comparative Advantage, Renewable Resource, Economic Nationalism

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Hegemon: a global or regional leader whose leadership is recognized by members of the group. Politically powerful people, power is unquestioned and uncontested. Commodity: physical substance that can be bought & sold. Internally displaced persons (idps): people forced to leave their homes but who remain in their home country. Republic: power held by citizens as well as elected or nominated officials. Monarchies: power held by a hereditary king. Emphasizes the importance of culture in explaining human actions at every level of society, from interpersonal to international. Urges a more sophisticated approach to cultural boundaries. Usually more than two points of view. Economic world into socialist and free market. Emphasizes that international studies is always ultimately about people. Nuclear deterrence theory: theory that nuclear weapons can prevent war. International relations: a subfield of political science that studies the political relations among nations. Renewable resource: a resource produced by nature at rates similar to those consumed by people.

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