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At least since 1750 when Baron de Montesquieu declared "peace is the natural effect of trade," a number of economists … and political scientists espoused the notion that trade among nations leads to peace. Employing resources wisely to …. Specialization based on comparative advantage leads to gains from trade. If political conflict leads to a diminution of trade, then …
Persistent link: https://www.econbiz.de/10005233897
This paper examines the interactive effect of distance and trade on international conflict and cooperation. The effect … of geographic distance depends on trade, while the effect of trade varies with geographic distance. Trade reduces …
Persistent link: https://www.econbiz.de/10005822632