Intra-Industry Trade PDF ePub eBook

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Intra-Industry Trade free pdf "Intra-Industry Trade" calls for us to rethink what trade most often looks like and how it shapes global institutions, fostering peace among states. Cameron G. Thies and Timothy M. Peterson argue that our understanding of trade has not kept pace with its changing nature in the 21st century- existing models, rooted in Ricardo's theories, regard trade uniformly as taking place between entities and countries that offer different commodities and operate according to the logic of comparative advantage. Though this type of exchange does take place, intra-industry tradeinternational trade of the same or similar commodities, in which foreign and domestic brands competeis increasingly prevalent. The authors argue that our current academic and policymaking focus on the total volume of trade, rather than its composition, is misplaced. Trade composition matters, not just because it gives us a fuller understanding of how trade works, but also because intra-industry trade increases the likelihood of positive institutional relations and cooperation between states. To illustrate their point, the authors examine the effects that intra-industry trade has on Preferential Trade Agreement formation, its tendency to lessen World Trade Organization disputes and militarized conflict, and its ability to pave the way for new and fortified alliances. "

About Cameron Thies

Cameron G. Thies is Professor of Political Science and Director of the School of Politics and Global Studies at Arizona State University. Timothy M. Peterson is an Associate Professor of Political Science at the University of South Carolina.

Details Book

Author : Cameron Thies
Publisher : Stanford University Press
Data Published : 28 October 2015
ISBN : 0804791333
EAN : 9780804791335
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 203 pages
Age + : 15 years
Language : English
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    . "Intra-Industry Trade" calls for us to rethink what trade most often looks like and how it shapes global institutions, fostering peace among states. Cameron G. Thies and Timothy M. Peterson argue th