PO102 Lecture Notes - Lecture 13: International Political Economy, General Agreement On Tariffs And Trade

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3 Aug 2016
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The UN imposed sanctions on North Korea in response to their nuclear tests. Why was this so
difficult? China and NK are allies.
Samantha Powers video
These sanctions were supposed to bring NK to the negotiation table
NK response: within hours of the decision they fired off test missiles into the ocean.
Global Political Economy:
What is it (also International political economy)?
- The interplay of economics and politics in world affairs
- What do IPE scholars study? Or what is IPE about?
Textbook: Study on your own:
- History of the World Bank
- IMF- International Monetary Fund
- GATT
- WTO- World Trade Organization
- No lecture on this stuff because it is more historical stuff
- There will be Top Hat questions on it
Trade:
Canadian Exports:
- Oil
- Maple Syrup
- Wood
- Minerals
- Corn, Wheat
You want to be selling computers, cars because they are more valuable
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