Interdependence/Integration
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7 terms
Terms | Definitions |
|---|---|
 Interdependence | political and economic situation in which two states are simultaneously dependent on each other for their well-being -the degree of interdependence is sometimes designated in terms of "sensitivity" or "vulnerability" |
| asymmetrical interdependence | if there are no other alternatives/sources for one state, then that one state will become dependent on its partner (one dominant supply partner) |
| example of asymmetrical interdependence | United States on oil exporting countries |
| liberals on interdependence | liberals argue that interdependence inherently promotes peace (Kan't perpetual peace theory) |
| environmental problems | are an example of international interdependence and often create collective goods problems for the states involved |
| with these trade wars, and growing global economy that promotes interdependence, dilemma with INTEGRATION | -when states become more/less integrated in other markets -cost for government to think of when deciding to integrate is whether or not they are going to become dependent on that product |
| benefits to integration | -free-market provides efficiency -division of labor creates efficiency which increases total amount of wealth -innovation |
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