Diplomacy involves conducting negotiations, establishing relationships, and managing international relations with tact and subtlety. It plays a critical role in fostering good rapport and avoiding conflicts between states, organizations, or individuals.
Internationally, restrictions upon trade and financial dealings that a country imposes upon another for political reasons, usually as punishment for following policies of which the sanctioning country disapproves.
A forum of the heads of state or government of the major industrial democracies meeting annually since 1975 to deal with the major economic and political issues facing their domestic societies and the international community as a whole.
A policy of systematic domination and exploitation of one country by another, often driven by economic, political, or military motives.
Reciprocity refers to a mutual relationship between individuals, corporations, states, or countries where privileges or advantages granted by one party are returned by the other.
