American declinists, as cited by Cox, argue that traditional military power is not as useful in our era because of the __________.
a. rise of new technologies
b. lack of a global hegemon
c. economic interdependence
d. rise of asymmetric warfare
What, according to Cox, are the U.S.'s positional advantages?
a. military capabilities relative to other states
b. size, geography, and natural resources
c. It remains at the top of the economic hierarchy.
d. It has yet to decline economically or militarily.
Kirshner subscribes to what he calls the KKM perspective, named after Keynes, Kindleberger, and Minsky. This perspective holds that __________.
a. the financial sector should be the primary economic sector
b. social welfare spending leads to economic growth
c. deregulation moderates and ultimately eliminates financial crises
d. unregulated financial systems are prone to crises
According to Kirshner, what sets the 2008 financial crisis apart from previous financial crises?
a. It lasted longer than any previous financial crisis.
b. It started in the U.S., which was greatly affected by it.
c. The U.S. was left largely unscathed by it.
d. The U.S. actually profited from it.
What, according to Kirshner, characterized U.S. economic policy of the 1990s?
a. deregulation of existing economic sectors and a refusal to regulate new economic sectors
b. an across-the-board crackdown on the new financial sector
c. an inability to effectively incorporate new technologies and financial exotica
d. a rapid internationalization of American finance
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