According to the Constrained State Thesis

question 1

Multiple Choice

According to the constrained state thesis,

• A)globalization is myth.
• B)states are becoming more powerful vis-à-vis private actors.
• C)states are becoming less powerful vis-à-vis private actors.
• D)states are standing in the way of greater globalization.

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Definitions:

Unattainable Point

A situation or position in economic models that cannot be reached given the current resources and technology.

Trading

The act of buying, selling, or exchanging goods, services, or financial assets in a market.

Inward Shift

A movement towards the origin of a supply or demand curve, indicating a decrease in supply or demand.

Production Possibility Frontier

The production possibility frontier (PPF) is a curve showing the maximum attainable combinations of two products that can be produced with available resources and technology.