Phase IFoundation
Background
Overview
Understanding the instruments of international relations, their economic impact on target countries and the global economy, and their effectiveness in achieving foreign policy goals. Relevant for India's trade and diplomatic strategies.
Economic sanctions are punitive measures imposed by one or more countries against another country, group, or individual to achieve specific foreign policy or national security objectives. These measures can include trade restrictions, asset freezes, travel bans, and financial prohibitions, aiming to compel a change in behavior without military intervention.