POLSCI 369 Study Guide - Quiz Guide: Topic Sentence, World Trade Organization, Comparative Advantage

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Essay question 1: international economic order has strengthened and weakened over time. Although many explanations have been given for the growth and decline of economic orders, a recurrent idea is that order requires the existence of carefully designed multilateral institutions to monitor and enforce cooperation. Assess this claim using evidence from any period(s) of world economic history you like, and examining any issue area(s) (e. g. trade, money and exchange rates, investment) that you like. Second body: countries whom develop multilateral institutions facilitate international economic compliance. Trade openness continued to increase from 1975-present, as trade politics became more institutionalized via the wto and a series of regional and bilateral trade agreements. Resisting the protectionist temptation: industry and the making of trade policy in france and the united states during the 1970s. Instable period (end of bretton woods agreement and two oil shocks ) pg.

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