Learning Objectives

11.1 Describe three different types of political economy adopted in modern times.

11.2 Summarize the dominant role of the United States in the balance of economic power.

11.3 Discuss global and domestic trade politics as aspects of U.S. foreign economic policy.

11.4 Explain the motivations behind foreign aid in U.S. foreign economic policy.

11.5 Identify the forms and functions of economic sanctions as a policy tool.