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For the term "WTO".

Embedded Liberalism: Definition and examples

Embedded liberalism is a theory in international relations that suggests that the global economy is shaped by a combination of state power and international institutions, and that these institutions serve to “embed” the international...

What is Alliance in International Relations?

In international relations, an alliance is a formal agreement or treaty between two or more countries to cooperate on a range of issues of mutual concern, such as defense, economic development, and cultural exchange....

What are beggar-thy-neighbour policies?

Beggar-thy-neighbour policies are economic policies that are designed to benefit a country at the expense of its trading partners. These policies often involve actions such as raising tariffs on imported goods, devaluing a country’s...

China’s Scramble for Africa

Introduction Economic relations between China and Africa date back to the 7th Century. China seeks resources from Africa for its growing consumption domestically while African Countries get funds from China to build infrastructure. China...