Was that it was used quite often as a doctrine to restrict or prohibit trade, or even god forbid take over trade, as well as at times to promote or encourage international trade, for national or imperial interests.
Economic 'sanctions', trade restrictions or prohibitions, are now normally a holding back of otherwise widely available market access.
Simply preventing, or at least hindering, others from economically expanding, at one's expense (a non Smithian concept admittedly), when done on other than adverse overt military terms,
has not been on the West's agenda.
No comments:
Post a Comment