http://gametheory101.com/courses/international-relations-101/
States that trade together tend not to fight one another. But how does trade cause peace? Given what we know already, the answer is obvious. Trade creates a surplus of goods. Fighting prevents states from trading, which means states cannot benefit from the surplus. In turn, war is costlier when states trade a lot with one another. Since war is less attractive, peace is therefore more likely.
For more on the capitalist peace, read this article: http://dss.ucsd.edu/~egartzke/publications/gartzke_ajps_07.pdf
Continue this lesson in the app
Install CourseHive on Android or iOS to keep learning while you move.
