The book explores the causes and instruments of 500 years of armed and non-armed international trade conflicts. The authors draw on decades of experience to examine trade wars, economic sanctions, and different types of economic warfare, investigating their history, ethics, economic driving forces, and legality under current rules.
The authors carefully explicate and place into theoretical and historical contexts the key concepts of international trade, investment, sanctions, protectionism, and economic warfare. They develop criteria for assessing the effectiveness of various trade policies, sanctions, and economic warfare and apply them to specific cases, including Trump's tariff wars...This book should be required reading for every policy maker and, ideally, every citizen.
