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Assume two nations are involved in an arms race. They both assume that each faces two choices - sign disarmament accord or continue with military expansion and the building of more nuclear missiles. Explain using the prisoner's dilemma model why both of these nations will choose to escalate the arms race rather than choose bilateral disarmament. During the Cold War President Ronald Reagan was quoted as saying that the United States will "trust, but verify" when discussing nuclear nonproliferation agreements between the U.S. and the Soviet Union. How does this relate to your answer to the first part of this question?
Lowest Terms
The simplest form of a fraction, where the numerator and the denominator are reduced to their smallest values.
Arabic Numerals
A widely used numerical system that includes the digits 0 through 9, originated in India and later adopted by the Arab world.
Equivalent Fractions
Fractions that represent the same portion of a whole, even though they have different numerators and denominators.
Italicized Phrase
A portion of text that is slanted to the right to provide emphasis or distinction, commonly used for titles, foreign words, or terms being defined.
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