Question
Role of Economy in Foreign Policy.

Answer

(i) Foreign policy is shaped by the need to establish economic relations with other countries, import-export, participation in world trade, all aimed at strengthening the economy of the country.
(ii) In today’s world, the issues of economic security are as important as national security.
(iii) A country is recognized to be powerful in proportion to the economic security it enjoys.
(iv) Countries having a strong economy are less dependent on others, and they can have an independent foreign policy as well.

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