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Present four criticisms that IR scholars have made against balance of power theory.Do you think any or all of these criticisms are justified? Explain.
Domestic Producers
Local manufacturers or producers who create goods and services within a country's borders, contributing to the domestic economy.
Foreign Producers
Companies or individuals that produce goods or services in a country other than the one where the goods or services are consumed.
Tariff Revenue
The income generated by the government from taxing imports.
International Trade
The exchange of goods and services across international borders or territories, involving importation and exportation.
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