Exam 1 Flashcards
Anarchy:
The absence of a higher order power or government in world politics that could enforce international cooperation.
Balancing
The act of a state joining a weaker coalition to counter the influence or power of a stronger coalition
Bandwagoning
The act of a state joining a stronger power or coalition
Bretton Woods
The monetary order negotiated among World War II allies in 1944 that lasted until 1970s
Collective Security
The idea that if one state violates another states’ sovereignty, then all the other states can get together (even those whose sovereignty was not violated) and take on the aggressor
Collective Goods
Goods that are non-rival (i.e., one person using the good does not prevent anyone else from using it) and non-excludable (i.e., no one can be prevented from using the good)
Collective Goods Problem/ Tragedy of the Commons/ Collective Action Problem
The problem of how to provide collective goods when no one has an incentive to do so
Cult of the offensive
The common belief among state leaders that offensive advantages are so great that a defending force would have no hope of repelling the attack
GDP
Gross-domestic product: the total value of goods and services produced in a given year in a given country
General Agreement on Trade and Tariffs (GATT)
An international institution created in 1948 in which member countries committed to reduce barriers to trade and to provide similar trading conditions to all other members
International Monetary Fund
A major international economic institution that was established in 1944 to manage international monetary relations
League of Nations
A collective security organization formed in the aftermath of WWI
Marshall Plan
Also called “the European Recovery Plan,” the Marshall Plan was enacted by the US in 1947 as a way to help rebuild Europe after World War II.
Munich Conference
An agreement that took place in 1938 where Russia, Germany, Britain, France, and Italy met in Munich to decide what action to take concerning Germany’s aggression in Czechoslovakia
Nation-state
A legally recognized state comprised overwhelmingly of one nation
Nation
A group of people who share a common identity based on a shared history, language, culture, etc.
Sovereignty
The norm that states have the right to do whatever they like within their own borders, free from interference by other states