POLI 360 Lecture Notes - Lecture 3: Mikhail Gorbachev, Economic Globalization, Free Trade

• School: McGill University
• Department: Political Science
• Course: POLI 360
• Professor: T.V.Paul

Document Summary

Defined by ability to trade(cid:498) whenever there"s security issues, comes economic issues. Nato alliance - allows open trade (excluding soviets this was a security decision: good links with other states (us and canada cultural links: both democracies, trading history), trade follows alliance. If you have enemies, its hard to trade: eastern european countries want to become a part of nato not just for security but access to common market (ex. Eu decision to create standing army: free trade for eu, japan and south korea became rich bc us opened up to trade. Became trading states bc they possessed a security relationship. Also bc us wanted in to their oil supply. Sanctions: from a self-sufficient state to influence another state"s policy (cid:507)deliberate, government inspired threats of no-trading(cid:508) to change another state"s policy: ex. Sanctions for security reasons, however, have not been very successful: different sanction techniques: Tariffs(cid:497) things will cost more, so countries can"t export (cid:507)us uses this often(cid:508)