IR UNIT 2

tremendous diversity of plant and animal species making up the earth's ecosytems

principle that says states should specialize in trading goods that they can produce w/ greatest relative efficiency & lowest relative cost

the pattern of falling death rates followed by falling birth rates that generally accompanies industrialization & economic development

has 28 member states and is negotiating with other states that have applied for membership

acquistion by its residents of one country of control over a new or existing business in another country

flow of goods and services across national boundaries unimpeded by tariffs or other restrictions

increasing integration of the world in terms of communications, culture, and economies

CO2, & other gases that when concentrated in the atmosphere, act like glass in greenhouse, holding energy in and leading to global warming

coordinates international currency exchange, balance of national payments and national accounts

legal protection of original workers of inventors, authors, creators, performers, under patent copyright and trademark law

strategy of developing local industries often conducted behind protectionist barriers to produce items that a country had been importing

economic development strategy that seeks to develop industries capable of competing in specific niches in the world economy

emphasizes absolute over relative gains and in practice a commitment to free trade, free capital flows, and an "open" world economy

opposed to free trade, belief that each state must protect its own interests w/o seeking mutual gains through international organizations

movement between states freely

part of atmosphere that screens out harmful ultraviolet rays from the sun

dependence on exporting one or a few commodities who prices fluctuate, potential for corruption and inequality

situation in which low expectations of interstate violence permit a high degree of political cooperation

duty or tax levied on certain types of imports as they enter a country

third world states' acquisition of technology from foreign sources usually in conjunction with direct foreign investment

common environmental assets are depleted or degraded through failure of states to cooperate effectively