What Is the Key Difference Between the Liberal Theory of Collective

question 45

Multiple Choice

What is the key difference between the liberal theory of collective security and the realist idea of deterrence?

• A) In liberal theory, states are more likely to calculate their interests as shared interests rather than individually.
• B) Collective security requires a balance of power, while realist ideas of deterrence do not.
• C) The realist idea of deterrence requires the existence of a hegemon, while liberal ideas of collective security do not.
• D) Collective security always works.
• E) There are no similarities at all between the liberal theory of collective security and the realist idea of deterrence.

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Definitions:

Perfectly Competitive Market

A market in which all participants are price-takers.

Tacit Collusion

An unspoken, illegal agreement among competitors to avoid competing directly, often leading to higher prices.

Explicit Collusion

An overt agreement among firms within an industry to fix prices, limit production, or engage in other anticompetitive practices.

Tit-For-Tat

A strategy in game theory where a participant replicates an opponent's previous action, whether cooperative or competitive.