If a state doesnt depend on revenues from merchants

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Unformatted text preview: r and throw away your guns, hoping he will not renege.  ­How do you know if Bashir is credible?  ­Enforcement of contracts.  ­Repeated interactions/reputation.  ­Institutions  ­What did the English Monarch do?  ­They accepted limits, by establishing institutions that would constrain his own behaviour  this commitment was credible enough for English merchants to stay in England and make further investments.  ­If a state doesn’t depend on revenues from merchants it’s less likely they would b...
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This document was uploaded on 02/26/2014 for the course POLI 220 at University of British Columbia.

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