When We Characterize International Relations as "Anarchic," We Mean That

question 31

Multiple Choice

When we characterize international relations as "anarchic," we mean that

• A)there is no central political authority with a monopoly on the legitimate use of force.
• B)international relations are chaotic.
• C)there is no order in international relations.
• D)we have the beginnings of a global government in the United Nations.

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Definitions:

Security Market Line

A line in the capital asset pricing model (CAPM) that depicts the relationship between the expected return of an investment and its risk.

Return and Risk-Free Rate

The difference between the total return on an investment and the risk-free rate of return, indicating the excess compensation for taking on risk.

Beta

An assessment of how much a security fluctuates in comparison to the general market.

Regression Equation

An equation that describes the relationship between a dependent variable and one or more independent variables.