Why Did Anarchy Result from the Westphalian System

question 86

Multiple Choice

Why did anarchy result from the Westphalian system?

• A) Sovereignty meant that no higher power could tell states what to do, so there was no one to prevent states from attacking one another.
• B) The Westphalian system destroyed the concept of states and left the world in chaos.
• C) The Westphalian system should have created an international organization to promote international peace.
• D) None of the above is true.

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Readily Marketable

Assets that can be quickly converted into cash with minimal impact on their price.

Management's Intent

The intentions or planned actions of a company's management, often related to investments, operations, or financial decisions.

Liquid Securities

Financial instruments and assets that can be quickly converted into cash without significantly affecting their market price.

Debt Securities

Financial instruments representing money borrowed that must be repaid, such as bonds, notes, or bills, typically with periodic interest payments.