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What is the difference between a cease fire and a peace deal?

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What is the difference between a cease fire and a peace deal?

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Cease fires and peace treaties are similar in that they both stop the fighting between two nations and have each other’s units removed from the other’s territory. However, a peace deal lasts for at least 10 turns, whereas a cease fire has no limit – one civilization could declare war the next turn. Cease fires are a more risky alternative to a peace treaty.

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