The Scope of Involvement Abroad and the Collection of Goals

question 38

Multiple Choice

The scope of involvement abroad and the collection of goals, strategies, and instruments that are selected by governmental policymakers is known as ______.

• A) foreign policy
• B) international relations
• C) comparative politics
• D) diplomacy

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Definitions:

CISG

Stands for the United Nations Convention on Contracts for the International Sale of Goods, which is a treaty that provides a uniform international sales law.

Global Trade

Entails the exchange of goods, services, and capital across international borders or territories, influenced by agreements, tariffs, and economic policies.

International Arbitration

A method used to resolve disputes between parties from different countries through the intervention of one or more arbitrators rather than through litigation.

Trade Disputes

Conflicts that occur between countries or companies over aspects of trade, including tariffs, market access, and product standards.