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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Definitions:

Net Present Value

The difference between the present value of an investment project’s cash inflows and the present value of its cash outflows.

Internal Rate

Internal Rate, often referred to as Internal Rate of Return (IRR), is the rate of growth a project is expected to generate, used in capital budgeting to estimate the profitability of potential investments.

Cash Flows

The movement of money into and out of a business or project, considered vital for assessing the financial health of an entity.

Reinvested

The act of using profits or earnings to purchase additional assets or to fund operations, aiming for future growth or income.