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About: International trade and state security     Goto   Sponge   NotDistinct   Permalink

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International economic structures range from complete autarky to complete market openness. This structure has undergone numerous changes since the beginning of the nineteenth century. The as put into perspective by Stephen Krasner (1976), explains that the structure of international trade is determined by the interests and power of states acting to maximize their aggregate national income, , political power and economic growth. Such state interests can be achieved under free trade.