Discuss economies based on state ownership as an alternative to those with private ownership. How prominent are they today? What are the pros and cons of state ownership as opposed to private ownership?
Include the concepts of transitional economies and mixed economies in your discussion.
What will be an ideal response?
Why is the United States not particularly vulnerable to potential Chinese trade embargoes?
a. It maintains a trade surplus with China, which gives it greater leverage in trade wars.
b. China cannot risk a retaliatory trade embargo because it is too dependent on U.S. exports.
c. WTO legal responses against a trade embargo could bring European trading partners into the trade war.
d. Japan is too closely allied with the United States for China to risk a retaliatory trade embargo against its goods in Japan.
e. It could compensate for the potential loss of Chinese goods by purchasing them elsewhere.
Promoting democracy through the use of military force is a characteristic of
a. Realists
b. Neo-realists
c. Conservatives
d. Neo-conservatives
e. Liberals
Globalization is accompanied by pervasive uncertainty because
a. consumer preferences can shift suddenly.
b. in human systems, people routinely try to gain political advantage precisely by acting unpredictably.
c. nonstate actors differ from states and are less likely to behave rationally.
d. information technology has increased the amount of information available to policymakers.
e. ordinary people are more able to participate in global networks.
Economies that are changing to a market-based economy, usually from a centrally planned economy, are referred to as __________ economies.
Fill in the blank with the appropriate word.
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