How does conflict influence trade?
Conflict can disrupt trade routes, increase costs, and create uncertainty, affecting both local and global markets.
Can you give examples of conflicts that impacted trade?
Sure! The U.S.-China trade war and the ongoing conflict in Ukraine are significant examples that have disrupted trade.
What are the long-term effects of conflict on trade relationships?
Long-term effects can include reduced trust between nations, shifts in trade partnerships, and changes in supply chains.
How do countries recover their trade after a conflict?
Countries often engage in diplomacy, rebuild infrastructure, and seek new trade agreements to restore trade relations.
Are there any positive outcomes from conflict in terms of trade?
In some cases, conflict can lead to new trade opportunities, as countries seek alternative markets or resources.
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