MC 221 Politics of International Economic Relations Lecture Notes

These flashcards cover key concepts and principles discussed in the MC 221 Politics of International Economic Relations course seeking to enhance understanding of topic fundamentals.

Community Principles

Guidelines that promote a safe, inclusive, and productive space for discussion and learning.

Active Listening

Listening attentively and engaging with the speaker to improve understanding and discussion.

Draft Community Principles

A set of agreed-upon norms to enhance collaboration and respect in classroom interactions.

Transboundary Economic Flows

The movement of goods, services, people, and ideas across national borders.

Prisoners' Dilemma

A concept in game theory illustrating how two individuals may not cooperate, even if it's in their best interests.

Cooperation Difficulties

Challenges faced by states in reaching agreements or collaborations on economic policies.

Institutions

Structures and rules that shape human interaction and cooperation in various fields.

Economic Openness

The degree to which a country allows goods, services, and capital to flow in and out of its borders.

Realism

A theory in International Relations emphasizing the competitive and conflictual side of international politics.

Liberalism

A theory that supports the idea of cooperation among states, primarily through international institutions.

Marxism

A theory that focuses on the socio-economic conflicts and the role of capitalism in shaping international relations.

Constructivism

A theory that emphasizes the importance of social constructs and identities in international relations.

Feminism

An analytical perspective in International Relations that addresses the role of gender and challenges patriarchal narratives.

Economic Liberalization

The process of reducing government restrictions on the economy, allowing for free market operations.