POS 486: Quiz 2 Questions with Answers (100% Correct
Answers)
Adam Smith Answer: is closely associated with the theory of absolute
advantage
Liberals Answer: are not concerned with distributional issues.
Interventionist liberals are more concerned than orthodox liberals with
Answer: distributional issues
John Maynard Keynes Answer: limits on imports are sometimes
justifiable
Keynesians have what view of deficit spending? Answer: all of the above
Friedrich Hayek and Milton Friedman Answer: supported a strict
separation between politics and economics.
The term "stagflation" refers to what combination of conditions:
Answer: a) high prices and high unemployment
Robert Keohane and Joseph Nye Answer: view interdependence as
having a fairly uniform effect on states.
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, 2
Neomercantilists are more skeptical than liberals that states can move
to Pareto-optimal outcomes in prisoners' dilemma because Answer:
they believe that prisoners' gains and losses are not likely to be
balanced and equitable.
Many liberal theorists shifted their focus from regimes to global
governance because Answer: global governance studies tend to be less
state-centric than regime studies.
Rational choice theorists alert us to what principal obstacles to trade
liberalization: Answer: trade agreements are difficult to pass because
costs are concentrated while benefits are diffuse
In two-level game theory, a win set is Answer: the set of the overlap of
acceptable domestic and global agreements
Interventionist liberals Answer: point to the inequalities between the
North and the South.
Interventionist liberals tend to emphasize negative freedom Answer:
FALSE
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