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Economic Interdependence: An Argumentative Analysis

1282 Words6 Pages

Since the end of World War II, every country tries strengthen security by increasing the military forces and weapon to protect and defend their own country. The only focus after this is to promote their economic in order to develop the country that has been devastated by the war. However, there is an argument state that liberalist commonly believe that economic interdependence creates opportunities for cooperation while reducing the likelihood of war between states. In order discuss about this argument, there are certain key words that should be defined. The first one is liberalist. It is a person who believes in the value of social and political change in order to achieve progress. The second key word is economic interdependence is a consequence …show more content…

Like EU, they have a single market “Euro Zone”, their currency is the same so it is easy for them to deal with its members, the member states got advantages by removal of barriers to trade such as tariffs and border controls. Another one is ASEAN, in 2015; The ASEAN Economic Community (AEC) is the goal of regional economic integration. AEC wants to create single market as well such as free flow of goods, services, investment and skilled labor, but about the same currency is not clear yet. Besides, ASEAN has concluded agreement China that expecting the bilateral trade for $500 billion by 2015. Also Korea, Japan, New Zealand, Australia, and India as well, just their trade not much as China. So, all those countries that join the organization, the most important thing for them are economic benefit. As a result, trade promotes economic interdependence, more interdependence led to more trade and led to more globalization. For instance, you use phone make from the U.S. that the material from China, then drive a European car that burns Vietnam or Thailand gas to a nightclub where you drink French wine. So, no country can survive without economic interdependence with others, the resource are geographically have in different places of the

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