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Which is a tool used to implement economic foreign policy?

User Amir Raza
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Final answer:

A key tool for implementing economic foreign policy is monetary policy, which alongside fiscal policy, helps manage a country's economy and influences international strength.

Step-by-step explanation:

A tool used to implement economic foreign policy is monetary policy, which involves managing the money supply and interest rates. Additionally, fiscal policy plays a critical role, which involves changes in government spending and taxes. These tools can influence the macroeconomy and are integral in maintaining a state's economic prosperity, which is a central component of its foreign policy. Economic sanctions, adjusting trade regulations, and participating in international economic organizations are nonmilitary means that states use to project their power and influence internationally.

User Volperossa
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One of the tool used to implement economic foreign policy is : Humanitarian Aid.
The humanitarian aid policies involved in helping the people around the world and relieve their suffering, such as suffering from hunger, war, discrimination , or poor education
User Mikkel Fennefoss
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