▁of ▁losing ▁the ▁w elf are ▁g ains ▁associated ▁with ▁trade . ▁ ▁Inter dep end ence ▁ ▁Liber als ▁argue ▁that ▁economic ▁inter dep end ence ▁between ▁states ▁reduces ▁conflict ▁because ▁conflict ▁disc ou rages ▁commerce . ▁ ▁Rec ent ▁cost - ben ef it ▁calculations ▁of ▁trade ▁take ▁into ▁account ▁information ▁as ▁an ▁important ▁component ▁in ▁the ▁explanation ▁of ▁the ▁pac ifying ▁aspect ▁of ▁economic ▁inter dep end ence . ▁Through ▁open ▁trade , ▁states ▁reve al ▁their ▁intent ions ▁and ▁capabilities ▁and ▁thus ▁“ rel ations ▁become ▁more ▁transparent ▁and ▁reduce ▁uncertainty .” ▁ ▁Furthermore , ▁economic ▁inter dep end ence ▁makes ▁cost ly ▁signals ▁possible . ▁If ▁military ▁action ▁did ▁not ▁ent ail ▁loss , ▁national ▁leaders ▁would ▁not ▁be ▁able ▁to ▁communicate ▁their ▁capabilities ▁and ▁resolve . ▁This ▁acts ▁as ▁a ▁d eter rent ▁and ▁prom otes ▁peace ▁between ▁states . ▁“ Me chan isms ▁that ▁facil itate ▁the ▁transmission ▁of ▁cred ible ▁information ▁across ▁international ▁boundaries ▁limit ▁b arg aining ▁failure , ▁en han cing ▁inter state ▁peace .” ▁▁ ▁There ▁is ▁some ▁disag re ement ▁about ▁the ▁inter dep end ence ▁liberal ▁th esis ▁among ▁some ▁sch ol ars . ▁Kenneth ▁W alt z , ▁for ▁example , ▁arg ues ▁that ▁since ▁" close ▁inter dep end ence ▁means ▁clos eness ▁of ▁contact ▁and ▁ra ises ▁the ▁prospect ▁of ▁at ▁least ▁occas ional ▁conflict ▁. ▁. ▁. ▁the ▁[ li ber al ] ▁myth ▁of ▁inter dep end ence ▁. ▁. ▁. ▁as ser ts ▁a