International Free Trade and World Peace Essay -- Politics Political S

Inter guinea pig Free Trade and World deuce-eyed violet When analyzing mete outs effect on state behavior, it is not the true existence of trade between countries that should be central, rather, the nature of trade that is crucial. This sign will be explored by studying the arguments of key economic and political thinkers of both the 18th and 20th centuries. The general nature of trade, the role of national government regarding trade and security, trades capacity to befriend belligerent nations, and fin entirelyy, the influence of world-wide economic institutions will be explored. In an attempt to present a fairly broad range of sources, this study features the ideas of four influential authors from two time periods and continents from the 18th Century, Adam Smith and Alexander Hamilton, and from the 20th Century, deception Maynard Keynes and Secretary of State Cordell Hull.My thesis is that the four authors examined actually agreed with 1 another on the connection between fre e trade and peace, scorn the discordant resonance of their arguments. Due to the nature of trade in Hamilton and Smiths time, their assertions that trade had ambiguous, if not adverse effects on state behavior is combining weight to Hulls statement that trade under the auspices of multinational organizations ensured peace. Almost all trade, up until the foundation of post-W.W.II international economic bodies, was practiced in an opaque, unfair, and mercantilist manner. some(prenominal) Keynes and Hull, who argue that trade is pacific, lived in a rapidly liberalizing environment where international organizations were gaining legitimacy and influence. Thus, the conclusion of all four authors can be special to state that trade is pacific only when it is conducted in an open, fre... ...The Memoirs of Cordell Hull. New York Macmillan.Keynes, prat Maynard. 1919. The Economic Consequences of the Peace. London Macmillan. ________. 1922. A Revision of the Treaty. New York Harcourt, Br ace and Company.______. In Moggridge, Donald. ed. 1980. The Collected literary productions of John Maynard Keynes Activities 1941-1946. London Macmillan.Kramnick, Isaac. ed. 1987. The Federalist Papers. London Penguin Books. 1788Moggridge, Donald. ed. 1980. The Collected Writings of John Maynard Keynes Activities 1941-1946. London Macmillan.Raphael, D.D. 1985. Adam Smith. London Oxford University Press.Smith, Adam. 1766. Lectures on Jurisprudence. Cited in An doubtfulness into the Nature and Causes of the Wealth of Nations.________. 1981. An Inquiry into the Nature and Causes of the Wealth of Nations. Indianapolis liberty Fund. 1776