A hegemon must do all of the following to maintain the international political economy?
a. Remain open and liberal
b. Tolerate free riders
c. Provide a stable international currency
d. A hegemon must do all of the above.
Question 2
Mercantilists differ from liberalists in all of the following ways except,
a. mercantilists do not see wealth and economic growth as ends in themselves.
b. liberalists treat all specializations as equal in value; mercantilists do not.
c. mercantilists view the state as having an active and vital role in their economies; liberalists do not.
d. mercantalists would advocate for free trade over protectionism.
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