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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 produce one commodity rather than employing them inefficiently...
Persistent link: https://www.econbiz.de/10010267818
This paper shows that the opportunity costs resulting from economic interdependence decrease the equilibrium …
Persistent link: https://www.econbiz.de/10010276264
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 produce one commodity rather than employing them inefficiently...
Persistent link: https://www.econbiz.de/10005233897
This paper shows that the opportunity costs resulting from economic interdependence decrease the equilibrium …
Persistent link: https://www.econbiz.de/10005703049