Busy. Please wait.
Log in with Clever

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever

Username is available taken
show password

Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Didn't know it?
click below
Knew it?
click below
Don't Know
Remaining cards (0)
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Chapter 8 Political

Mercantilism Generally shares with realism the belief that each state must protect its own interests at the expense of others.
Economic Liberalism Generally shares with liberal internationalism a belief in the possibility of cooperation to realize common gains.
Ideologies Shape state policies.
Bargaining Space The difference between the lowest price a seller would accept and the highest price a buyer would pay.
Demand Curve If the price rises, fewer people are willing to buy it, and if the price drops, more people are willing to buy it.
Supply Curve If the price rises, more sellers are willing to supply the item to buyers; if the price drops, fewer sellers are willing to supply the item.
Equilibrium Price The price at which the supply and demand curve cross.
Free Trade The flow of goods and services across national boundaries unimpeded by tariffs or other restrictions.
Positive Balance of Trade/ Trade Surplus A state that exports more than it imports .
Balance of Trade The value's of a state's imports relative to its exports.
Negative Balance of Trade/ Trade Deficit A state imports more than it exports.
Transaction Costs The costs of transportation and of processing the information in the trade.
Comparative Advantage The principle that says states should specialize in trading goods that they produce with the greatest relative efficiency and at the lowest relative cost.
Monopoly When there is just one supplier of an item and the supplier can set the price quite high.
Oligopoly A monopoly that is shared by just a few large sellers often allowing for tacit or explicit coordination for force the price up.
Created by: mamack22203
Popular AP Human Geography sets




Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
restart all cards