Which approach to IPE applies rational choice to states in their interactions with other states to explain international cooperation in economic affairs?
a. Mercantilism.
b. Neo-Gramscianism
c. Political economy
d. Institutionalism

d. Institutionalism

Explanation:

Institutionalism approach: It is one of the traditional approach of institutional political economy or IPE, that study institution closely for better governance. It says institution put great impact on people´s life and economy. There are several power and rights are been provided to the institution that even people does not have. It applies rational choice to states in their interactions with other states to explain international cooperation in economic affairs.

answer; competency based pay;

answer decisions made by individual households and firms;