International Relationship

The knowledge of language depends on the country you are working for but the knowledge of English is a must. You need to have command over at least one foreign language through 300 level language and literature courses.

★ Ability to research, in-source and examine information thoroughly.

★ Excellent writing and speaking skills.

★ Ability to analyze information and present arguments accordingly.

★ Flexibility and openness to any kind of work.

★ Knowledge of historical information of our contemporary world.

★ Knowledge of cross-cultural differences.

★ Understanding of the international social, political, and economic relations.

International relations and business is the study of an international system. This system includes things like diplomatic history, international law, international organizations, international finance and economics, and communications.

International relations and business acts as a link between the changing relations of state and non-state actors. The international system as a whole consists of forces, factors and interests, customs, rules, norms, and institutions from which the theory and history of its development occurred.

There are many advantages to a free market economy. They range from the moral issues to the practical issues. We will deal mainly with the practical ones.

Unprecedented innovation - Free markets are wrought with inventions and the capital to research them. Countries classified as having a free market have been responsible for the vast majority of inventions since the 19th century.

Very high-income mobility - This means that under a free market system it is easier to move around income brackets. It is just easier to become rich or poor when you are left to your own devices as opposed to a controlled economy where resources are allocated by the government.

★ Inflation is one of the major causes of recession. Inflation leads to the rise in the prices of goods and services that results in an increase in the cost of production and then the national debt.

★ As a result of inflationary pressure people cut down their spendings, especially on luxurious things, that results in a decrease of the overall spending. People start saving more and gradually the GDP declines.

★ Due to high production cost, companies lay off workers to cut costs.

★ Thus, altogether, these factors result in an economical fall and ultimately in a recession.

Recession can be termed as a remarkable decline in economic activity of a country that lasts for more than a month. It can be noticed in any country by looking over its real gross domestic product (GDP), real income, production, and wholesale-retail sales.

Trade alliance is a kind of treaty that looks after the commerce between two or more nations. For example, the International Trade Alliance (ITA) is a non-profit organization that supports and promotes international business in the Inland Northwest.

Trade alliances are meant to work for a nation's businesses and help them establish or expand their global presence.

Political Science is a vast subject. International relations is just one of its areas. So to have some knowledge about international relations, one must have some knowledge of the basics of political science.

Militarism is the notion created in the minds of people or a government that a country should maintain a strong military force. Also, the country must be ready to use it aggressively to defend or promote national interests. They can even use it to implement the policies of the state administration.

Foreign policies are made keeping in mind the international and domestic political contexts. These are to be implemented and understood by a state so as to get the best foreign policy. Below is the procedure for it.

★ Setting up a goal

★ Deciding the options for the policies

★ Making formal decisions

★ Implementation of the chosen policy option

★ There can be political risk to the host country as they do not run within the national dependency.

★ MNCs products lead to the demolition of small businesses as they establish their monopoly in the country.

★ MNCs may carry over an outdated technology to the host country that has become obsolete over time.

★ They use the natural resources of the host country that leads to the depletion of the resources.

★ Multinationals make a lot of money in the host country in terms of payments towards profit and take it to their home countries which results in money flow to foreign countries in large amounts.

Domestic politics is concerned with the issues that are local that is either town or city, state or country wide. It consists of all types of issues starting from local, state or federal tax rates to education, building roads, highways, schools, banks, etc.

All these activities that are within an area's borders, come under domestic politics.

There is no major difference between international studies, relations and affairs. International relations programs focus more on political science and the political tensions and issues which arise between nations. International studies are more concerned with the cultural aspect of it.

International studies is a very vast subject as it includes everything about the nations, but international relations is something that deals only with the political aspect of the nations.

Two different types of treaties that are present between different countries. They are:

Multilateral Treaties- Multilateral treaty is made among several countries. The agreement sets up rights and obligations for each party. Multilateral treaties are often regional.

Bilateral Treaties- Bilateral treaties are made between two states or entities. Most of the times it is possible for a bilateral treaty to have more than two parties. But it still remains a bilateral one.

International law deals with the following areas such as statehood and recognition, the United Nations and the role and power of the Security Council, treaties and customary international law, peaceful settlement of disputes at the International Court of Justice and the WTO, recourse to armed force and international responsibility for violations of international law including serious violations of human rights and humanitarian law.

International law is there to bridge the gap of rules and laws between states and nations. It details about the legal argument and legal vocabulary which are used in international relations.

★ Countries must use diplomacy to maintain friendly relations and keep away threats.

★ Getting together all the economic power to encourage cooperation.

★ Maintain strong armed forces.

★ Concentrate on civil defense and plan for emergency situations such as anti-terrorism legislation.

★ Avoid threats and espionage through intelligence services.

★ Protect classified information using counterintelligence services.

★ The International Bank for Reconstruction and Development (IBRD)

★ The International Development Association (IDA)

★ The International Finance Corporation (IFC)

★ The Multilateral Guarantee Agency (MIGA)

★ The International Center for the Settlement of Investment Disputes (ICSID)

Oil for food scandal is one of the biggest scandals in human history. The UN Security Council started the Oil-for-Food program in 1996 to allow Iraq to sell enough oil to pay for food and other necessities for its population which was suffering under strict UN sanctions imposed after the first Gulf War. But Saddam Hussein exploited the program, earning billions through illegal oil smuggling, according to a 2004 Central Intelligence Agency investigation.