Why would a mercantilist likely reject an agreement by which all states are made better off but some are made better off than others are?
a. Mercantilists care only about absolute gains.
b. Mercantilists perceive political economy as a positive-sum game.
c. Mercantilists would assume that the ruling classes in each state would benefit the most.
d. Mercantilists prioritize the national interest and are, therefore, sensitive to the issue of relative gains.
d
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As large numbers of workers born during the baby boom of 1945–1965 retire, rich countries are confronting a sharp decline in the working-age population
Indicate whether this statement is true or false.
The president may make a(n) ________________, an arrangement negotiated with a foreign country, that does not have to be ratified by the legislature.
a. executive agreement b. treaty c. declaration of war d. memorandum of understanding