Homework Answers
Political reality is very harsh because of geopolitical risks and multiple trade relations and diplomatic rrlations economies pursue. For example India has great ties with Iran and Russia, however since US has imposed sanctions on Iran, It has become politically diplomatic from Indian perspective to be friend with both US and Iran and Russia who has been an enemy so far.
It is the complexity and size of Multilateral trade agreements which create potential pitfalls amongst nations.
Government usually enter and intervene by using various Summits and Conferences to renogiate deals and trade relations and work out best available common path.
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International business
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