1. Economic Determinants of Foreign Policy

2. Economics and IR Theory
Marxism
Realism – Mercantilism
Liberal Theory – Laissez Faire or Complex Interdependence

3. Economics Drives Foreign Policy?
Imperialism
MNCs
Dependency
Economic driver of development
Military-Industrial Complex
Availability of Resources
Overpopulation
Economic Interdependence

4. Models of Political Economy
Economic Liberalism – Liberal Theory
Socialism – Marxism
Economic Nationalism – Realism, Mercantilism

5. The US Economy
Good News/ Bad News

7. Trade History of Trade Relations Bretton Woods - Gold Standard
Subsidies
GATT
WTO
US responsibility

8. Foreign Aid National interest v. Economic need
US is generous or greedy?
Security Commitments trump the aid budget

9. Economic Sanctions Do they work? Who do they hurt?
Multilateral v. Unilateral