International Political Economy- Chapter 1

Globalization

declined in the period between World Wars I and II

Which factor does Sachs NOT cite as a reason for why countries have responded differently to globalization

National Leadership

According to Sachs, in which region can it best be said that "globalization is not working?"

Sub-Saharan Africa

"hyperglobalizists" are those who believe that globalization will soon create a "borderless" world

True

If we calculate the total value of goods and services that both U.S. and foreign companies produce in the United States in a year, we are calculating the

gross domestic product

Theorists who define globalization primarily as an economic phenomenon with little effect on the primacy of states are

internationalists

IPE deals with the interaction of the

market and state

Globalization can increase and decrease over time.

true

Realists who view one state's gain as another state's loss tend to see IR as a

zero-sum game