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Discussion 8 _International Relations

Discussion 8 _International Relations

Q 1) Is economic interdependence always a peaceful relationship? Can you imagine scenarios in which states fight over economic reasons such as natural resources? Or protectionist trade policies (trade wars)? 2) Under the GATT/WTO most protectionist trade policies have been looked down upon, citing that it hurts the overall global economy. When, if ever, should protectionist policies be encouraged? Why? Why are protectionist policies discouraged?

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Economic interdependence works as a deterrence but is not a complete guarantee for a peaceful relationship. In many cases, the economic relationship becomes the sole reason for conflict and one country trying to dominate over other countries due to the laters vast natural resources. There are many examples where states fight over economic reason such as natural resources. We all know about oil wars and crisis (war in Iraq). Trade protectionism is just the other name for the trade war.