115 million dollars

is the amount by which defence spending is reduced around the world for every additional one billion dollars traded between Russia and the United States.

Reducing trade barriers between countries reduces the likelihood of armed conflict and leads to a reduction in defence spending. In turn, this promotes a domino effect in relation to other countries, which has a positive effect on the situation in the world as a whole.

These conclusions were drawn by Roman Zakharenko, Assistant Professor of the HSE International College of Economics and Finance, as well as Alexander Tarasov and Michael Seitz, scholars at the University of Munich, during a study on the interaction between trade and defence spending.