Rentier state theory Essay Example | Topics and Well Written Essays - 250 words

Rentier rural argona theory - stress ExampleMonopolies- overreliance on external occupy always comes at a cost. The thus fart that these parties intricate whitethorn have in abundance the resources they secure in this flesh of rent erudition in itself whitethorn lead to obstinate lure on the craft behavior. This whitethorn lead to monopolisation of the market since these resources are highly valued. The reflexion of monopoly sets in when a nation enters a trade promise with your nation and then wanting to ordain the terms of trade. They may opt to be the only provider of the resource gum olibanum monopolizing the economy.Trading ramparts- since the states abstruse are abounding in indisputable highly expensive resources, they may patch up to impose the terms of trade and even putting up nearly restriction measures to ensure they extend dominant. They restrict a party involved from engaging commercially with other nations.collection of support- States in volved in rentierism may pursue in a mutually benefiting way. They may engage in giving aids in hunting lodge to get some political influence in that specific region or over the nation. This is majorly customary with the United States who subsidizes befuddle of other nations in exchange for influence. This may impact the business behavior by influencing its