Developing world to join regional blocs

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1. Is there a compelling rationale, from a developing world perspective, for state intervention in a country's economic activities? Answer yes or no and then expatiate.

2. What are the two arguments for countries in the developing world to join regional blocs such as the AU and ASEAN? Does the existence of these organizations strengthen or undermine the sovereignty of member states? Answer yes or no and then justify your answer.

3. Is the Modernization theory consistent and synonymous with Westernization? Answer yes or no and then substantiate your answer. Give at least two examples in your answer.

4. Why do economic nationalists/mercantilists regard international relations and commerce as a zero-sum game? Are mercantilists justified in their thinking? What is their justification, if there is any?

Reference no: EM133244184

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