Which of the following statements are <strong>NOT</strong> correct?<br>1. In world politics, 'hard power' can be exercised by both States and other actors involving use of threat or coercion.<br>2. Globalisation is necessarily economic, not cultural.<br>3. The term 'Washington Consensus' refers to a policy that seeks intervention in the market.<br>4. 'Autarky' is generally understood as economic 'self-sufficiency'.<br>Select the correct answer using the code given below.

1. A. 1 and 4 only
2. B. 2 and 3 only ✓
3. C. 2, 3 and 4 only
4. D. 1, 2, 3 and 4

Correct Answer: B. 2 and 3 only

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