How can political power dynamics affect global trade agreements? 🔊
Political power dynamics can significantly affect global trade agreements by influencing the willingness of states to engage in negotiations and make concessions. Shifts in power, such as the emergence of new economic powers or changes in government, can lead to re-evaluations of existing agreements. Dominant states may leverage their influence to shape terms favoring their interests, while less powerful nations may struggle to secure equitable arrangements. These dynamics illustrate how geopolitical interests often drive trade policies and international economic relations.


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