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#764 Alessandra Cassar: Female Competitiveness, Cooperative Breeding, and Market Development

The Dissenter

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The Importance of International Laws for Trades

One study compared autarchy with frictionless free trade and free trade with cheating. When you cheat, you don't go back completely to autarchy, but you don't have all the gains from the trade that you could have. So this speaks to the importance of even international laws for doing trades across market,. And again, you can have networks. You can do it in a network kind of way based on reputation or ideally by having really good laws and regulation.

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