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TRADE EXPECTATIONS (2) answer(s).
 
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ID:   143225


Trade expectations and great power conflict—a review essay / Snyder, Jack   Article
Snyder, Jack Article
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Summary/Abstract Whether economic interdependence is a cause of war or peace constitutes a central debate in international politics. Two major approaches advance diametrically opposed claims: liberal theory holds that interdependence between states promotes peace by increasing the costs of war; realist theory argues that interdependence is just another word for vulnerability, a condition that states may try to escape by seizing the resources and markets they need for self-sufficiency. Considerable evidence supports both of these claims. In Economic Interdependence and War, Dale Copeland proposes to resolve this stalemate by showing that interdependence promotes peace when states expect mutually beneficial trade to continue, but creates incentives for war when at least one of the states expects that trade trends will leave it dangerously vulnerable. Notwithstanding this book's major theoretical contributions and its impressive historical research, it leaves open several important questions about how to move forward with its agenda of theoretical development and testing.
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2
ID:   152470


What democratization, trade expectations, and military power all mean for the future of Sino-American relations / Katagiri, Noriyuki   Journal Article
Katagiri, Noriyuki Journal Article
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Summary/Abstract This article analyzes Sino-American relations using three strands of international relations scholarship–internal stability, trade expectations, and military perception. There has been no attempt to date to explore the stability of Sino-American relations in the context of linkage between them. This study argues that political and economic interactions of the two major powers provide reasons to be optimistic that the relations will stay relatively stable. Although there is a significant amount of mistrust between Beijing and Washington on military and cyber matters, deterrence is largely at work at the highest level of interactions.
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