A blog on international economic law and policy issues.
Tuesday, January 15, 2013
Trade and the fostering of peace
Does international trade reduce the risk of war amongst trading countries? Are they less likely to get involved in a political or military conflict than if they were not strong trading partners? Pavel Yakovlev seems to think so. Watch this video for a viewpoint that trade promote peace. Similarly, does protectionism amongst trading partners provoke a possibility of military conflict or political tension?