international economic policy

International economic policy refers to the strategies and practices governments use to manage their economic relationships with other countries. This includes trade agreements, tariffs, foreign investment regulations, and diplomatic efforts to foster economic cooperation. The aim is to promote economic growth, stability, and fairness in the global market. Policymakers consider factors like currency exchange rates, international laws, and economic conditions to navigate the complexities of global economics, ensuring their nations can compete effectively and contribute to a balanced world economy.