Social:Commercial liberalism

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Commercial liberalism is a branch of liberal international relations theory which states that promoting free trade and economic interdependence is the road to peace, and is advocated by global financial institutions and multinational companies. Along with the democratic peace theory, it is the core of many Western countries' foreign policy.

References

  • John Baylis, Steve Smith (2006). The Globalization of World Politics. ISBN:0-19-927118-6