Feb 24, 2022
The threat of severe sanctions failed to stop a Russian invasion of Ukraine. But if and when harsher economic punishment is handed down to Moscow, what effect might it have?
Increased international trade, and the lowering of barriers to such trade, frequently results in improved international relations, but it can also lead to trade wars and tariff disputes. RAND research explores bilateral and multilateral economic relations; describes how they affect global alliances, globalization, and the economic health of nations; and recommends methods to develop, encourage, and maintain these relations among diverse nations and cultures.