IP - The Basic Unit in a Complex System Flashcards
state*
political borders under a government
nation*
a group of people with similar cultural, ethnic, linguistic, and historical backgrounds
nation-state*
group of people with similar cultural, ethnic, linguistic, and historical backgrounds living within political boundaries
perpetual anarchy
an on-going cycle of no law
sovereign*
supreme control
financial panics
where markets crash
competitive devaluation
when a country intentionally lowers their currency in order to gain a trade advantage
supranational sovereign
a group that has been granted authority by the countries involved in the group eg. EU
supranational*
an international body that has been granted authority by other countries in the group
international relations
nations talking to each other and creating policies and trade agreements
birth pangs
the troubles that come with creating something
beleaguered
set with endless problems
international supranational
a group that has above control of one nation
multilateral
participated in by more that two nations
transnational forces
forces across borders