"Why do states sometimes adopt foreign economic policies that favor certain states while at other times they pursue nondiscriminatory policies? Past theories have emphasized the importance of the distribution of military and economic power in explaining the foreign economic policies of great powers, but they inadequately capture the significant variation in the degree to which great powers adopt discriminatory polices.

Skalnes explains this variation in terms of shifting strategic assessments regarding the importance of military support from allies." "Politics, Markets, and Grand Strategy will be important reading for scholars and students in the fields of national security studies, international political economy, and economic history, as well as for economists working on problems associated with foreign investment and trade, customs union theory, and discriminatory trade agreements."--BOOK JACKET.