interdependence and global trade openness significantly promotes peace. It also suggests that the effect of trade openness varies … depending on the geographical proximity of countries. The peace-promotion effect of bilateral trade integration is significantly … only bilateral trade interdependence but also multilateral trade integration. The main finding of the peace …

interdependence significantly promotes peace. It also suggests that the peace-promotion effect of bilateral trade integration is … bilateral trade but global trade openness also significantly promotes peace. It shows, however, that an increase in global trade … interdependence but also global trade integration. The main finding of the peace-promotion effect of bilateral and global trade …

benefits of peace. We discuss the theoretical foundations of international trade as a source of economic and non …-economic benefits that foster peace. Next, we review the empirical evidence in four categories—(1) evidence in support of the capitalist … peace, (2) evidence of the interaction between capitalism and democracy, (3) evidence against the capitalist peace, and (4 …