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Montesquieu in his L'Esprit des Lois, argued, peace is the natural effect of trade.ʺ This paper first reviews this literature and …
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The commercial peace theory maintains that trade fosters peace because trade makes conflict more costly. However … promotes peace because those states may reduce trade with the challenger following military interventions, punish it by …
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A powerful refutation of the assumption that international trade automatically promotes world peace. …. Theories of the Trade-Con›ict Relationship -- Chapter 3. Investigating the Commercial Peace -- Chapter 4. Interdependence …
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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 … sharing borders. The main finding of the peace‐promotion effect of bilateral and global trade integration holds robust when …
Persistent link: https://www.econbiz.de/10014129831
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 … sharing borders. The main finding of the peace-promotion effect of bilateral and global trade integration holds robust when …
Persistent link: https://www.econbiz.de/10013075366
Montesquieu in his L'Esprit des Lois, argued, "peace is the natural effect of trade." This paper first reviews this literature and …
Persistent link: https://www.econbiz.de/10013318998
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