GOVT-040 Lecture Notes - Comparative Politics, Parliamentary System, Voluntaryism

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classnotes

28 May 2022

School

Georgetown University

Department

Government

Course

GOVT-040

Professor

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Document Summary

It is not only a subject of study but also a method of study. As a field of study it aims to understand how the world works, and focuses on how countries work. Comparative politics is comparing regimes, societies, institutions, etc of countries to each other. It"s concerned about what happened inside those countries, international. Relations on the other hand is concerned about the relationship between those countries and how those countries interact with each other. What explains revolutions in france, china, russia. What is the difference between presidentialism in the usa and parliamentarism in the uk. State is a set of permanent administrative, legal or coercive systems with a monopoly on the legitimate use of force in a given territory. Includes army, police, post office and government bureaucracy. Police or army are the only entities that are legitimately believed to have force.

Related Questions

A political commentator makes the following statement: âThe idea that international trade should be based on comparative advantage of each country is fine for rich countries like the United States and Germany. Rich countries have educated workers and large quantities of machinery and equipment. These advantages allow them to produce every product more efficiently than poor countries can. Poor countries like Benin and Bolivia have nothing to gain from international trade based on comparative advantage.â Discuss this view.

9. According to the theory of comparative advantage, which of the following is not a reason why countries trade?

a. Costs are higher in one country than in another.

b. Prices are lower in one country than in another.

c. The productivity of labor differs across countries and industries.

d. Exports give a country a political advantage over other countries that export less.

what is a key factor that determines a firm's profitability?

A differentiation of a firm's product from other products

B factors affecting a firm's entire market

C a firm's average cost of production relative to that of competing firms

D chance events

E all of the above

economic theory suggests countries benefit from international trade by producing more of those good and services for which they have a comparative advantage (and less of that for which a country does not have a comparative advantage). However, countries rarely specialize completely, why?

even with international trade, countries rarely specialize completely because

A, all goods and services can be traded internationally

B, some countries would lose as a result of free trade

C, consumers in different countries have homogeneous tastes

D, some countries do not have an absolute advantege producing anything

E, production of most goods involves increasing opportunity costs.

GOVT-040 Lecture Notes - Comparative Politics, Parliamentary System, Voluntaryism

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