Which approach to international political economy focuses on increasing global prosperity through international cooperation?

Question

Which approach to international political economy focuses on increasing global prosperity through inter­national cooperation?

Quizplus · Accepted Answer

Economic internationalism emphasizes on increasing global prosperity through international cooperation. It advocates for free trade and international organizations to manage economic activities. Economic nationalism, on the other hand, emphasizes protecting a country's economy and industries from foreign competition. Economic structuralism focuses on addressing global inequality and economic disparities among countries, while economic statecraft emphasizes using economic power and policies to achieve national interests.

Which Approach to International Political Economy Focuses on Increasing Global