This approach to trade holds that voluntary exchange provides mutual benefits.
What is classical liberalism?
100
Deforestation is a good example of this.
What is the tragedy of the commons?
100
This declaration, written in 1948, outlines the minimum list of human rights that are now nearly universally accepted.
What is the Universal Declaration of Human Rights?
100
This is a process that involves both the broadening and deepening of interdependence among individuals, societies and states throughout the world.
What is Globalization?
100
This theoretical framework holds that the European Union was created out of a desire to cooperate to confront a common threat.
What is Realism?
200
The price of one currency in terms of another.
What is an exchange rate?
200
Lobstermen in Maine use antiquated traps by choice to protect this kind of resource.
What is a common-pool resource?
200
This tradition of law assumes that there is objective moral truth derived either from God or by Reason.
What is Natural Law?
200
The key difference between the intense transformation of the 19th and 20th centuries and today.
What is technology?
200
This theoretical framework holds that the EU was formed because interdependence leads domestic groups to have an interest in cooperation.
What is Liberalism?
300
An effect on currency that raises the relative price of its exports and lowers the relative price of its imports.
What is appreciation?
300
This occurs when individual actors have no incentive to diminish their own consumption of environmental resources, and because no one reduces their consumption, the environment is often irreparably depleted.
What is the tragedy of the commons?
300
This approach to international law asserts that states are only bound to honor rules they accept, either through formal treaty or long established custom.
What is legal positivism?
300
This author makes the argument that globalization widens inequality both within and across states.
Who is Dani Rodrik?
300
This theoretical framework holds that the EU was created as an alternative to the problematic category of nation state, which had only led to war and poverty.
What is Constructivism?
400
A country can solve the problem of a current account deficit, or debt crisis, in these two ways.
What is financing or adjusting to the deficit?
400
This 1997 treaty was considered a failure largely because the United States failed to sign and ratify it.
What is the Kyoto Protocol?
400
These are the two principle sources of international law.
What are treaties and customs?
400
This U.S. program offers cash benefits and retraining to workers who those who have lost their jobs as a result of trade.
What is trade adjustment assistance?
400
Reciprocal, usually specific, arrangements to lower barriers to trade between two states.
What are bilateral trade agreements?
500
This was the immediate or proximate cause of the current worldwide financial crisis.
What is the collapse of the U.S. housing bubble?
500
A direct effect of the actions of one person or firm on the welfare of another person or firm, in a way that is not transmitted by market prices.
What are negative externalities?
500
The authors of our Human Rights articles reject this alternative view of human rights.
What is cultural relativism?
500
These two types of foreign investment are good for countries that attract them.
What are portfolio investment and direct investment?
500
The European Union, NAFTA, ASEAN and Mercosur are all examples of this.