POLI 360 Lecture Notes - Lecture 11: North American Free Trade Agreement, Glossary Of Patience Terms, Comparative Advantage
Document Summary
Oil and war: globalization of productions/dispersion of supply chains. Some facts about china (cid:523)maybe if there"s time(cid:524) Link between trade and war is not linear: doesn"t follow one tread (cid:523)positively or negatively(cid:524, there are causal logics effects) Natural resources like oil (diff commodities may have different. Depending on what you"re trading might determine link between trade and war. Industrial goods like intellectual property (iphone) or services: 3 mechanisms link oil to war. Greed (saddam taking over kuwait for oil control) Japan during ww2 (like china now much import its oil) On particular state controls the bulk of the supply. These days that is less of a threat compared to when. China still has the problem of not having the oil it needs. Transit access is vulnerable because of narrow stretch in the sea: what does vulnerability do to patterns of global trade. When you are vulnerable that someone won"t trade with you.
