Abstract
The on-going trade conflict between US and China, called the trade war, is a burning issue of the day. One major factor of trade war is protectionism. Apart from protectionism there are other reasons for trade war which had nothing to do with trade. Sometimes trade is used as a weapon to punish other countries on issues not related to trade. On-going Japan and South Korea trade war is such an example. Trade war is nothing new. World experienced many trade conflicts in past. But the risk of non-resolvable trade conflict is that it might trigger military warfare if it is not resolved before it intensifies further. In this context, CRC model has been applied to study possibility and impossibility of resolution of trade conflict. The model predicts the risk of turning the trade conflict to violent war if not involved countries change own policies, especially, China.
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