Socioeconomic And Global Processes

GBST 002 – Socioeconomic and Global Processes — (Midterm Study Guide) Fall Quarter, 2019 Dr. Kelechi Kalu The following concepts and questions might help you to adequately prepare for the mid-term. -Globalization -State -Imperialism -Colonialism -Treaty of Westphalia -Security Dilemma – IGOs -WTO -Culture -NGOs Essay questions​: 1. Citing specific examples, analyze the differences and similarities between

Realism, Liberalism and Marxism. 2. In 4-5 paragraphs, explain the differences between Mercantilism and Liberalism. 3. The concept of “National interest” yields a better insight for explaining the

behavior of states in global relations. Do you agree? Explain. 4. You have been appointed Special Assistant for Trade Negotiation to the

President of the United States government or the President of the Peoples Republic of China (​choose one only​). Lately, the general public in your country have expressed serious reservations about supporting the U.S.-China Trade War. In describing the importance of economic nationalism to your country, how would you persuade the citizens to support your boss?

  1. International Political Economy (IPE) examines how economic resources

constrain political decisions and vice-versa. Examine the central arguments and assumptions in Mercantilism and Liberalism and show how one of these perspectives explains the ongoing U.S.-China Trade Wars.

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