Explain the openness of a country economy

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Assignment:

How does Dani Rodrik explain the positive relationship between the openness of a country's economy and the size of that country's government?

a) Since a country with an open economy reduces the risks from international economic exchanges, the state has more money available to invest in the local economy.

b) Since a country with an open economy exports a lot of goods, the state has to invest in producing some of these goods itself.

c) Since a country with an open economy exposes itself to greater risks as a result of international economic exchanges, the state will have to increase its investments in military defense.

d) Since a country with an open economy exposes its citizens to greater risks as a result of international economic competition, the state will mitigate these risks by providing more generous social welfare programs.

Reference no: EM133279078

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