The Ethics and Economics of Foreign Sales of US‐Made Military Weapons

Abstract

Foreign military sales agreements amounted to over 19.5 billion dollars in fiscal year 1982, while the US actually delivered $9 billion in weapons. The US and the Soviet Union are the largest arms suppliers in the world, with about 75 per cent of the global export market. France, and then Great Britain, follow with 12 per cent and 5 per cent, respectively. Italy and Israel also export significant dollar amounts of weapons. There is considerable public debate over the wisdom of US participation in this market. Of particular concern is the increased availability of highly sophisticated weapons systems in third world nations.

Citation

Weida, W.J. and Gertcher, F.L. (1986), "The Ethics and Economics of Foreign Sales of US‐Made Military Weapons", International Journal of Social Economics, Vol. 13 No. 1/2, pp. 20-39. https://doi.org/10.1108/eb014002