Describe the theories of liberalism and mercantilism, including the strengths and weaknesses of each as a policy guiding tool. Which do you believe states should follow? Why?
What will be an ideal response?
Commercial liberalism proceeds from the idea that humans are naturally inclined to
cooperate. Thus, progress through mutually beneficial exchanges is possible, both to
increase prosperity and to enlarge individual liberty under the law. In commercial
liberalism, economic activity can contribute to global welfare, and the major
problems of capitalism (boom-and-bust cycles, trade wars, poverty, and income
inequalities) can be managed. Mercantilism is essentially an economic extension of
realist thinking. Unlike liberals, who focus on the rationality of the marketplace,
mutual gains, and a minimal role for the state, mercantilists see the need for power
politics as a determinant of economics and posit that the government has an
important role to play in ensuring the state's economic wellbeing
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a. Social Security b. Medicaid c. Medicare d. Health Vouchers e. Welfare
Counterinsurgency is __________.
A. a complex type of warfare because it has both a military strategy and political goals B. less widespread today than it was during the Cold War C. not related to government public relations campaigns to convince the population to abandon the insurgency D. used extensively in warfare because it is the cheapest type of military campaign