{"id":19288,"date":"2023-05-10T04:04:04","date_gmt":"2023-05-10T04:04:04","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/identify-two-of-hobsons-primary-economic-goals-for-a-liberal-internationalist-world-then-using-prusa-and-vermulst-2013\/"},"modified":"2023-05-10T04:04:04","modified_gmt":"2023-05-10T04:04:04","slug":"identify-two-of-hobsons-primary-economic-goals-for-a-liberal-internationalist-world-then-using-prusa-and-vermulst-2013","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/identify-two-of-hobsons-primary-economic-goals-for-a-liberal-internationalist-world-then-using-prusa-and-vermulst-2013\/","title":{"rendered":"\u201cIdentify two of Hobson&#8217;s primary economic goals for a liberal internationalist world.  Then, Using Prusa and Vermulst 2013"},"content":{"rendered":"<p><span style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 9pt; cursor: auto; color: inherit;\">&nbsp;\u201cIdentify two of Hobson&#8217;s primary economic goals for a liberal internationalist world.&nbsp; Then, Using Prusa and Vermulst 2013<\/span><\/span><\/p>\n<div><span style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 9pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 6pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-size: 9pt; cursor: auto; color: inherit;\">The Prusa and Vermulst article introduces a number of concepts that are relevant to international trade with China:<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 6pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-size: 9pt; cursor: auto; color: inherit;\">RMB vs. dollar fluctuations<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 6pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-size: 9pt; cursor: auto; color: inherit;\">\u201cThere is no private land market in China.\u201d<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 6pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-size: 9pt; cursor: auto; color: inherit;\">Impact of \u201cState owned commercial banks\u201d<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 6pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-size: 9pt; cursor: auto; color: inherit;\">Use of \u201cMarket benchmarks\u201d<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 6pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-size: 9pt; cursor: auto; color: inherit;\">government ownership; (ii) government presence on the board of directors; (iii) government control over activities; (iv) pursuit of governmental policies or interests; and (v) whether the entity was created by statute.7<\/span><\/p>\n<p style=\"margin-top: 0pt; margin-bottom: 6pt; line-height: 1.38; cursor: auto; color: inherit;\"><span style=\"font-size: 9pt; cursor: auto; color: inherit;\">We live in the \u201cliberal internationalist\u201d era that Hobson argued for.&nbsp; Identify two ideas relevant to that liberal internationalism that relate to trade.&nbsp; Then ask yourself this:&nbsp; why do we have these dense legal arguments about trade if we are in a liberal internationalist era?&nbsp; Why not just \u201cdo free trade\u201d?<\/span><\/p>\n<p><\/span><br style=\"cursor: auto; color: inherit;\"><\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;\u201cIdentify two of Hobson&#8217;s primary economic goals for a liberal internationalist world.&nbsp; Then, Using Prusa and Vermulst 2013 The Prusa and Vermulst article introduces a number of concepts that are relevant to international trade with China: RMB vs. dollar fluctuations \u201cThere is no private land market in China.\u201d Impact of \u201cState owned commercial banks\u201d Use [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[762],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/19288"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=19288"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/19288\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=19288"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=19288"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=19288"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=19288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}