To explain the growth in free trade after World War II, some say that barriers to increased free trade can only be overcome when a single state is powerful enough to persuade other states to go along. What is this theory called?
A)Reciprocity theory
B)Regionalization theory
C)Power transition theory
D)Hegemonic stability theory

Question

Quizplus · Accepted Answer

Hegemonic stability theory suggests that a single powerful state (a hegemon) is necessary to promote and maintain a liberal international trade system by creating and enforcing the rules of the system, thus overcoming barriers to free trade.

To Explain the Growth in Free Trade After World War