POL 202 1st Edition Lecture 3I. Cooperation Throughout Historya. 1800s: periodic wars and recessionsi. Western Europe’s economy grewb. Mercantilist Erai. 1492-1815c. Pax Britannicai. 1815-1914d. 30 Years’ Crisisi. 1914-1945e. Cold Wari. 1945-1990f. Post Cold Wari. 1991 to CurrentII. US/Chinese Diplomacya. State visit symbolic recognition of importance of bilateral relationshipi. Very fancy, very formalb. Outstanding security issuesi. Growing Chinese military powerii. Help with Iran on nuclear programsiii. North Koreac. Outstanding economic issuesi. Intellectual property rightsii. State subsidies on various productsiii. Currency concerns1. Weaker vs. stronger yuan against dollarIII. The Mercantilist Eraa. “The World” as a unit didn’t truly “exist” until 1492These notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.b. Europe dominated beginning in 1500si. Sought to ensure own political, military, economic powerii. Wanted access to markets, resourcesc. Mercantilism: use of military power to enrich imperial governmentsi. Adam Smith—fierce criticd. Key mechanismsi. State monopolies1. Spanish mines, Hudson Bay Companyii. Controls on colonial tradeIV. Controls on Trade: An Examplea. Britain restricted Virginia’s commerce i. Tobacco, manufactured goods, etc. V. Struggle for Supremacya. Economic competition in Europei. Fight over wealth, power, influenceVI. The Thirty Years’ Wara. Sealed the decline of Spainb. Ended with peace of Westphaliai. No separation of church and stateii. Religion via territoryc. Peace of Westphaliai. Effects1. Stabilized borders2. Fight for hegemonya. Anglo-French rivalry3. Ends with defeat of Napoleon at Waterloo in 1815VII. Pax Britannicaa. Congress of Vienna, 1815i. Established concert of