The Gains From Trade: South American Economic Integration and the Resolution of Conflict
Publication Date: November 2010
Publisher(s): Center for Economic and Policy Research
Keywords: Colombia ; Venezuela; Trade; UNASUR
Coverage: Venezuela Colombia United States
It has long been argued that expanding commercial relations between countries acts as an incentive for countries to avoid hostilities up to and including armed conflict. The case of Venezuela and Colombia may provide an example of how economic integration can establish important incentives to conflict resolution.