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Does trade promote peace?

by Learn Liberty

Economics evidence has long demonstrated that free trade benefits all nations by increasing their standards of living and wealth. Professor Pavel Yakovlev argues that empirical evidence shows that free trade promotes peace. He provides the following reasons for this outcome:

Professor Yakovlev also discusses a few examples of evidence that supports this argument. Trade not only increases prosperity in countries, but it also has been shown to promote world peace.

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Resources

You can make use of the following text and video to expand your knowledge and understanding of the topic covered in this unit.

A University Built By The Invisible Hand

Are Corporations People?

Capitalism In One Lesson

Capitalism Is NOT Imperialism

Capitalism Vs Statism

Competition And Cooperation

Do Women Earn Less Than Men?

Do You Want To Live In The World Of Atlas Shrugged?

Edgar The Exploiter

Does Trade Promote Peace?

Free Market Myths Debunked

How Free Is The “Free Market”?

How The Free Market Works

I, Pencil

I, Pencil

Liberty And Community: Commercial Societies

Market Anarchism Vs Market Statism

Myth Of The Free Market

Social Cooperation: Why Thieves Hate Free Markets

The Trouble With Bureaucracy

What Is Capitalism?

What Is The Free Market?

What Should We Think Of Chain Stores?

Why Do We Exchange Things?

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