Overview
International Political Economy (IPE) is a vital field that examines how political and economic forces interact on a global scale. It helps us understand the complexities of international trade, the impact of globalization, and the role of governments in shaping economic policies. By studying IPE, l...
Key Terms
Example: The rise of multinational corporations is a result of globalization.
Example: Mercantilism was prevalent in Europe during the 16th to 18th centuries.
Example: Liberalism supports free trade agreements between countries.
Example: Marxism argues that capitalism leads to class struggle.
Example: Tariffs are a common form of trade policy.
Example: The U.S. imposed economic sanctions on Iran to curb its nuclear program.