ECON 219 Lecture Notes - Lecture 7: Democratic Peace Theory, Protectionism, Free Trade
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ECON 219 Full Course Notes
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Id"s with short answers and essays (1/3 options) Structural realism: states are the most important actors (unitary, rational, balance of power, states seek to maximize their power, offensive (power) vs. Defensive (security) realism: anarchic world-system, states are functionally similar at an international level, states will act in the same way regardless of regime type. Democratic peace theory: democracies will not go to war against each other (but they will go to war against other types of regimes, this process is supported by international institutions, economic interdependence and democratic regime. Marxism: bourgeois vs. proletariat, economic social cleavage, bourgeois possess factors of production, which means they can dominate the proletariat, apply to the international system (core vs. periphery) Analytical liberalism: look at preferences of different actors within the state, protectionism vs. trade liberalization, open the black box . Questions: what are the dimensions or characteristics of monetary regimes? (cooper)
