COMMERCIAL LIBERALISM

'Commercial liberalism' is a branch 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, is the core of many Western countries' foreign policy.

★ ''The Globalization of World Politics''. John Balis, Steve Smith (2006). ISBN 0-19-927118-6

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