Economic Diplomacy Boom: Will It Last Long?

... pressure to force a country to reduce import restrictions is categorized as foreign economic policy. The American embargo against Cuba illustrates an unsuccessful attempt to use economic sanctions for political purposes. The introduction of countervailing ... ... are today becoming more important than those involving trade. Improved efficiency of using financial instruments in the world economy is primarily due to the peculiarities of the current stage of globalization. The volume of financial transactions heavily ...