Civil War and Terrorism
These are the two buckets that explanations for civil war fall into
What are greed and grievance
Comparative Advantage focuses on this while absolute advantage focuses on which state can produce a good more efficiently relative to all other states
What is what a state can produce most efficiently relative to all other goods it could produce
Investing in stocks, bonds, and other financial instruments is known as this
What is foreign portfolio investment
Central banks manipulating a country's interest rate is known as this
What is monetary policy
This is the relationship between civil war and terrorism locations
What is they happen in the same countries
Terrorists engage in this type of warfare
What is asymmetrical warfare
Name one of the groups that lose out when a country imposes trade restrictions
What are:
- consumer of imported goods
- exporters in the same industry
- politicians who may be punished by citizens due to the costs that protection imposes on them
Lower skilled workers in a country that is rich in human capital would likely prefer a _____ immigration policy
What is a restrictive immigration policy
This is the reason why a country would prefer a floating currency over a fixed one
What is it gives governments more control over their monetary policy
This is the first step of a currency crisis.
What is
1) The government has a hard time maintaining a fixed exchange rate
2) Investors start to sell off that nation's currency
3) The government offers substantially higher interest rates
4) The government devalues its currency
Terrorists may use several violent strategies to pursue their interests. Name one.
What are:
- coercion
- provocation
- spoiling
- outbidding
The beef and soybean producers (i.e. agricultural industry) sharing interests over US-Argentina is consistent with this trade theorem
What is the Ricardo Viner Theorem
Multinational corporations can produce these benefits in countries in which they operate
What are introducing managerial, technological, marketing skills, and investment capital
If one euro can buy 8.20 yuan today but tomorrow it can buy 7.5 yuan, this has happened to the yuan
What is it has appreciated.
The Inter-American Development Bank is currently providing technical and operational support for the launch of the Towards a More Inclusive Education program: "Transforming Rural Schools." This is an example of this type of investment
What is concessional finance
Access to diamonds in Sierra Leone and production of cocaine in Colombia is this category of group level explanation for civil war
What is lootable resources
China now allows up to 9.636 million metric tons to be imported (as of 2021). This is known as a ___ nontariff barrier
What is a quota
Name three (out of 5) reasons why the IMF is controversial
- It's a tool of international financiers
- It is driven by US interests
- It is driven by domestic politics in the US
- The IMF violates national sovereignty
- IMF's record on economic growth on poverty reduction is unclear
This is what it means to have 'an adjustable peg'
What is States base their currency's value on a chosen baseline. Governments are expected to keep their currencies fixed for extended periods but are permitted to adjust the exchange rate from time to time as economic conditions change.
This is how we measure the price of capital
What are interest rates
This excerpt from the 1994 Peace Agreement from Djibouti is an example of this type of solution for civil wars:
REBALANCING WITHIN STATE INSTITUTIONS
...the Government shall ensure that FRUD combatants will be employed and integrated in political, military, administrative and socio-economic sectors, in accordance with the provisions and quotas set by mutual consent between the two parties and recorded in Annex to the present peace agreement.
What is a Power Sharing Agreement
Trade tends to do this to wages and profits across countries
What is makes them similar
Name one of the options creditors have if debt is defaulted upon
What is:
- Cut off future lending
- Freeze the debtor nation's assets
- Lobby to cut off foreign aid
The European Union is four things. Name 2
What are:
- Customs Union
- Free trade area
- Economic and Monetary Union
- Common Market
This WTO case is an example of this type of trade dispute
In January 2009, the US challenged the EU’s policy on poultry meat imports with respect to chemicals that could be used to treat the meat. The US wants the EU to allow for the use of chlorine dioxide, acidified sodium chlorite, trisodium phosphate, and peroxyacids
What is a health and safety regulation