Author Question: In traditional economics, buying items where they are cheap and then selling them where they are ... (Read 27 times)

krzymel · **on:** Sep 4, 2018

In traditional economics, buying items where they are cheap and then selling them where they are expensive should __________.

a. lead to prices evening out
b. lead to high demand
c. lead to higher prices
d. decreased demand and falling prices

Question 2

In Waltz's understanding of international politics, if State A and State B decide to cooperate for their mutual benefit, but State B finds out that State A will benefit slightly more from their cooperation, State B will __________.

a. continue to cooperate as long as its own gains are high
b. continue to cooperate but seek out the aid of an international institution
c. stop cooperating because states are more concerned with relative gains
d. stop cooperating because states are more concerned with absolute gains