1. Domestic-level analysts choose either a society-centered or a state-centered approach to explaining trade politics. How do these two approaches differ in explaining trade politics? What is the main strength of the society-centered approach? What is its main weakness? What is the main strength of the state-centered approach? What is its main weakness? Justify your answers.

1. Discuss the main tenets of the mercantilist view of international economic relations. What kinds of foreign economic policies did mercantilists argue that states should pursue?

1. Discuss two different explanations for Britain's repeal of the Corn Laws. Which is the more convincing explanation and why?

1. Discuss two different explanations for the Cobden-Chevalier Treaty. Which is the more convincing explanation and why?

1. In theory, how is the gold standard supposed to work? How did practice differ from theory during the height of the gold standard (1870-1914)? Discuss the main difficulties policymakers faced when they tried to restore the gold standard after the end of World War I.

1. The Smoot-Hawley Tariff was one of the most protectionist tariffs in U.S. history. Discuss two possible explanations examined in the lecture or the readings for its passage. Which is the more convincing explanation and why?