Trade and satisfaction

Democracies trade heavily with each other and that thus war would be only costs, but no gains: democracies are satisfied states and are less likely to fight about territory, especially if they are well established democracies and have strong economic ties

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Themes & Theories in International Relations
3. Liberalism, democracy, intervention
C. Democratic peace
Explanations
Trade and satisfaction
Democracies are generally liberal
Domestic institutions
Norms of peaceful conflict resolution
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