1.1 Although the global trade regulatory organs, such as the World Trade Organisation (WTO), the World Bank and organs of the United Nations (UN), make efforts to promote and encourage free trade, nation-states still use policy instruments to restrict free trade. In context of this statement, discuss any five main instruments of trade policy that can be implemented by these global trade regulatory organs

1.2 Describe the theory of endogenous growth and discuss its limitations.

1.3 Indicate how the new growth theory differs from the theory of endogenous growth and discuss the implications that the new growth theory has for the political economy and for the structure of both international and domestic economies.

1.4 differentiate between the possible reasons that motivate regional integration in the developing African countries and reasons that predominantly drive regional integration in developed countries.

1.5 Critically evaluate the following statement: The integration of global financial markets and increased monetary and financial interdependence of national economies had a significant impact on domestic as well as international economies.