Chapter 3

Realism and Neomercantilism 

Quizzes 

Question 1

An “infant industry” is one that:

Is still in the innovation stage

Seeks out to help reach global markets

Is in the process of raising capital

Seeks temporary protection from the government while it gets established

None

Question 2

Stagflation includes which of the following. Choose all that apply:

Low unemployment

High interest rates

High unemployment

High inflation

Question 3

International regimes may include which of the following. Choose all that apply:

non-state actors

principles and norms

state actors

international organizations

Question 4

Realists see that IR as essentially in a state of .

Question 5

The most famous writer on neomercantilism was .

Question 6

The renegotiated NAFTA treaty was renamed .

Question 7

Economic statecraft refers to the use of as a primary tool for influencing the policies of other states.

Question 8

Absolute gains are also referred to as “zero sum” games.

True

False

None

Comment

Question 9

The U.S. has never followed neo-mercantilist policies.

True

False

None

Question 10

Club goods are ones that only rich individuals can afford.

True

False

None

Time’s up

Watch, Listen, Read, and Explore 

This content includes videos, podcasts, articles, readings, and other resources to help you understand and explore the content covered in the chapter. Most readings are freely available, although anything marked with an asterisk may require institutional log-in (e.g., through your university). Freely available data sources are also included to explore and further research. 

Videos 

• See Lecture Video
• Noah Zerbe, video summary of hegemonic stability theory, https://www.youtube.com/watch?v=7ga6lV2tBs8  
• John Mearsheimer lecture on China’s rise, https://www.youtube.com/watch?v=uJ4xZuaisxA  
• E. Helleiner, The Neomercantlists: A Global Intellectual History (video webinar): https://www.youtube.com/watch?v=Q4X2qTxtwVM  
• Elinor Ostrom, Collective Action Theory Lecture: https://www.cornell.edu/video/elinor-ostrom-collective-action-and-the-commons  

Podcasts 

• U. of Oxford, politics and IR podcast, https://podcasts.ox.ac.uk/series/politics-and-international-relations-podcasts  
• Whiskey and IR theory podcast, https://podcasts.apple.com/ca/podcast/whiskey-international-relations-theory/id1497916380  
• Council on Foreign Relations podcast, https://www.cfr.org/podcasts 

Readings 

• Political Realism (Stanford Encyclopedia of Philosophy): https://plato.stanford.edu/entries/realism-intl-relations/  
• Hettne, B. (1993). The Concept of Neomercantilism. In: Magnusson, L. (eds) Mercantilist Economics. Recent Economic Thought Series, vol 33. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1408-0_10, https://link.springer.com/chapter/10.1007/978-94-011-1408-0_10  
• Bio of Friedrich List: https://academic.oup.com/book/10926/chapter/159191912  
• The revival of neo-mercantilism (Eric Helleiner): https://www.phenomenalworld.org/analysis/neomercantilism/ 
• The Neo-mercantalist Moment (Federico Steinberg, CSIS): https://www.csis.org/analysis/neo-mercantilist-moment  
• Hard power vs. soft power (Eric Li): https://foreignpolicy.com/2018/08/20/the-rise-and-fall-of-soft-power/  
• Hegemonic stability theory vs. democratic peace theory (Tayyaba Khurshid): https://stratheia.com/international-relations-debates-assessing-hegemonic-stability-and-democratic-peace-theory/  
• China’s Economic Rise: 
• CRS, https://sgp.fas.org/crs/row/RL33534.pdf  
• Nicholas Lardy, https://www.foreignaffairs.com/united-states/china-still-rising  

Selected Sources of Free Data 

• Correlates of War Project, https://correlatesofwar.org/  
• Military expenditures, https://www.sipri.org/