Statement 1: The Institutional approach to comparative politics focuses on the formal structures of government such as legislatures, executives, and judiciaries.
Statement 2: The Political Economy approach emphasizes the relationship between politics and economics, exploring how economic systems influence political outcomes.

Which of the following is correct?

1
Both statements are correct
2
Both statements are incorrect
3
Only statement 1 is correct
4
Only statement 2 is correct

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