1. What is IPE?  In IPE theory, what is the relationship between "the state" and "themarket"?
2. Why has the North been so important in the management of the global economy? Doyou think that the South is gaining in influence?
3. What is hegemony? In 1/2 page (max), do you believe that the US is a hegemon and what economic changes around the world today leads you to believe that US hegemony, if it exists, will cease or be contained or contested in the near or distant future? Support your view point with reference to history.

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IPE stands for International Political Economy In IPE theory the relationship between the state and the market is complex and multifaceted States play ... View the full answer