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What is Power Politics in International Trade about?

The document discusses the relationship between power politics and international trade, arguing that free trade is more likely within political-military alliances than across them due to security externalities. It posits that alliances in bipolar systems are more likely to evolve into free-trade coalitions compared to those in multipolar systems, supported by empirical data from an 80-year period. The analysis highlights that trade dynamics differ significantly between allies and adversaries, influencing bi

Author

a0937059040

Language

EN