How much, in your opinion, has international relations influenced the world economy and what do you think about it?
Internationals relationship is what drive our economic and the more nations understand each other the more prosperous we would be as most of the nations are fighting against each other now. There is alot of disagreements across the globe and this affect world economic and that is why we are are having economic crisis all over the world.
Yes partnering in some other countries when it comes to international trade of products and also some goods, will make the global economy boost, trading to other countries and respecting their law and order and also their culture is one of the best signs of good international relations,there are some other countries that do not like this idea but it is also good for their side.
Significant factor which was especially important in augmenting the interdependence of states is the"fusion of national capital markets and the emergence of an integrated global economy.Since states now no longer have sole control over their economies, they rely and depend on the collective governance of bodies like the International Monetary Fund (IMF) or the World Bank in order to regulate the international financial market.