1. What can financial markets indicate about becoming wealthy very quickly?2. What does economics indicate about politics and vice versa? What are special interest groups?answer the 2 following questions in 2 separate essays 6 pages each.Basic Terminology: Be able to incorporate as many of of the following basic political economic terms as possible into each of the two essays of choice from the second category. ** Do be certain to incorporate other useful data from the Wheelan text, and various suggested scholarly IPE books and articles as well.**David Ricardo, “Comparative Advantage,” “The Iron Law of Wages,” and “Theory of Rents.”Anne-Robert Turgot and Jean-Baptiste SayPhysiocratsCharles Fourier and Count Sainte-SimonUtilitarianismKarl MarxWilliam Stanley Jevons and Leon WalrasHistorical Economics and the Marshallian SchoolEast Asian Model of DevelopementExport Oriented StrategyRent SeekingStructural Adjustment ProgrammeEfficiency Oriented InvestmentForeign Direct InvestmentHorizontal IntegrationIntangible AssetLocational AdvantagesMarket Oriented InvestmentNatural Resource InvestmentPositive ExternalitiesSpecific AssetVertical IntegrationCalvo DoctrineExport Processing ZoneLocational IncentivesMultilateral Agreement on InvestmentObsolescing Bargain Performance RequirementTrade Related Investment MeasuresUnited Nations on Permanent Sovereignty over Natural ResourcesBalance of Payments and Balance of Payments AdjustmentBretton Woods SystemCapital AccountConditionalityCurrent AccountExchange Rate System and Exchange RestrictionsFixed Exchange Rate System and Fixed but Adjustable Exchange Rate SystemFloating Exchange Rate SystemForeign Exchange MarketForeign Exchange ReservesFundamental DisequilibriumManaged FloatSpeculative AttacksStabilization FundEuropean Monetary SystemInternational Investment PositionLouvre Accord, Monetary Accord, and Plaza AccordTarget ZonePhillips Curve
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