The Role of Business in Foreign Policy Essay

Throughout the course of history, the United States has remained consistent with its national interest by taking many different actions in foreign policy. There have been both immediate and long term results of these actions. Foreign policy is the United States policy that defines how we deal with other countries economically and politically. It is made by congress, the president, and the people. Some of the motivations for United States foreign policy are national security, economics, and idealism. The United States entry into World War I in 1917 and the escalation of the Vietnam War in 1964 and the both had great impact on the United States.

Domestic policy differs from foreign policy, which deals with a nation’s relationship with other nations, domestic policy tends to be more visible and often more controversial. The relationship between domestic and the other nations is also commonly linked by the influence of border security, improved infrastructure, surging economy, domestic culture, political, religion, social attitudes, and many other variables. American focus on national security strategies to protect the United States, promoting economic prosperity, creating peace through strength, and gaining American influences in the world. Our relationship with other nations can vary depending on each belief or values. A basic aspect in the relation between domestic and other nations is the importance of national identity and consistent needs to protect such values. Domestic and foreign policy can be distinguished as two separate concepts in international relations, because some nations do not have a similar set of objectives. Domestic sources play their role in the forms of compromises between social structure and elements of the government. The influence of the domestic policy forms the basis of foreign strategy. The relationship between domestic and other nations are separable in the sense that global politics play a major role in the modern global society and the conduct of states in

Until the end of the nineteenth century, American foreign policy essentially followed the guidelines laid down by George Washington, in his Farewell Address to the American people: “The great rule of conduct for us in regard to foreign nations is—in extending our commercial relations—to have with them as little political connection as possible.” By avoiding

United States foreign policy has always been characterized by a commitment to free trade, protection of American interests, and a concern for human rights. Our founding fathers, specifically George Washington, are responsible for much of the influence regarding foreign policy after their time period and up to the

The U.S. foreign policy has always been linked to the domestic policy since the U.S. never feared of expanding its national interests over the national boarders. Isolation for the U.S. usually implied slow economic growth and the large number of destructive conflicts within, while impudent foreign policy always guaranteed an abrupt economic growth for the U.S. economy. After the U.S. intervened in the WWI and the WWII, the U.S. economy witnessed a tremendous economic growth, nearly elimination of the unemployment, rapid urbanization and overall growth of the standards of living across the country. Decisive foreign policy has always been providing the U.S. economy with the sustainable and rapid economic growth, unlike the policy aimed at isolation of the U.S.

The foreign policy of the United States has changed drastically between eras. During the Gilded Age, America experienced isolationism. The US focused on expanding their borders locally and seizing control of Central America. With the first rise of global and total war, America transitioned to being somewhat interested in foreign affairs while still staying neutral to its own cause. However, that did not last long with America's hand forced and entered World War I as an associate to the Allied Powers. Twenty years after World War I, another World War started after Germany wanted revenge for their “unfair” treatment. America was once again forced into the war after Japan, Germanys ally, surprise attacked Pearl Harbor in Hawaii. After the end of World War II, American isolationism completely ended and the US found itself as a global superpower. With the end of the world wars came a Cold War solely focused between the US and the Soviet Union. The US got itself into unwinnable wars, attempts to overthrow communist regimes, a weapons race, and a technology race. Foreign policy shifts between Détente and escalation. With the collapse of the Soviet Union, the Cold War came to an end and America focused on allies and trade. The long peace ended with the September 11 attacks. These attacks launched America into a War on Terrorism, and they adopted the Bush Doctrine. Over the course of American history, foreign policy transitioned from isolationism into the “Empire of Liberty,”

National interests are usually the main consideration for the U.S. foreign policy, which can divide into two different parts. First, to protect and prevent American people from any kind of attack, which is the most important and commonly agreed unanimously. Second, helping and maintaining the operation of the U.S. government. To ensure that the interests of national development are not being compromised, Untied States have more aggressively policy to protect its national interests. Some people believe the “the U.S. will use unrivaled military power to further the global counterterrorism movement and democracy as the core goal of foreign policy. Furthermore, the U.S. hopes that all countries and societies can choose the most advantageous political and economic system to themselves independently, to help those countries which have been used as safe haven by terrorism organizations to get rid of the chaos caused by war and poverty.”

With the race for the presidential election under way, American foreign policy has entered the minds of many Americans. Like today, foreign policy was of great importance throughout the twentieth-century; it has and continues to play key developmental roles in economic, cultural, diplomatic, and social factors that America has faced. By looking directly at the United States motivation in entering the Spanish-American War, World War I, and World War II, it can be seen how these factors developed since the turn-of-the-century. In this paper, I will compare and contrast the United States’ motivation for entering these wars by examining the four key factors of foreign policy listed

As Senator Arthur Vandenberg famously stated in 1947, “we must stop partisan politics at the water’s edge.” Vandenberg’s declaration suggests that domestic policy differences should not affect how the United States conducts itself abroad. This notion is especially relevant in understanding the discrepancies – or lack thereof – between foreign and domestic policy in the modern United States. Since its founding, the United States has prided itself on its exceptionalism, with many of its leaders endorsing a “foreign policy driven more by domestic values than by the vagaries of international politics.” In recent decades, however, this principle has been tested. Since the end of World War II, the United States has emerged as an international

When governments amongst nations conduct in international business, it exposes them to increased risks and costs through unfair trade and bribery in order to obtain a competitive advantage or power. Mercantilism explains why the government intervention of international business increases the chances of these risks. Mercantilism is the theory that explains, the government will maintain their economy and trade to promote their own domestic industry at the cost of the other country leading to unfair trade (Pettinger,2016). As all governments will not play by the same rules, there is an increase in risks such as unfair tariff policies or bribery in order to gain a competitive advantage. In fact, many governments across nations will use these unfair actions to gain an increase in power. Hill (2015) states that nations like China are striving for a more neo mercantilist policy (a more modern theory of mercantilism where economic power is the equivalent to a trade surplus) to gain a trade surplus. During most of the 2000s, their exports have been increasing whereas their imports have not grown because they have been limited by an import substitution policy. While China is able to benefit from the trade surplus, it is at the cost of another nation where the money that will be paid for those imports will decrease. Therefore, government intervention in international business increases risk like unfair trading to gain a competitive advantage. The government also increases the cost of

As we approach the next Presidential election the topic of American foreign policy is once again in the spotlight. In this paper, I will examine four major objectives of U.S. foreign policy that have persisted throughout the twentieth century and will discuss the effect of each on our nation’s recent history, with particular focus on key leaders who espoused each objective at various times. In addition, I will relate the effects of American foreign policy objectives, with special attention to their impact on the American middle class. Most importantly, this paper will discuss America’s involvement in WWI, WWII, and the Cold War to the anticipated fulfillment of these objectives—democracy,

Which is cost difference determines the patterns of international trade. Absolute advantage is trade benefits when each country is at least cost producer of one of the goods being traded. In the 1800s, David Ricardo developed the theory of comparative advantage to measure gains from trades. This theory is based on comparative advantage and it states each nation should specialize in production of those goods for which its relatively more efficient with a lower opportunity cost.

The United States has had some international issues with Middle Eastern countries in the past. It goes without saying; the most recent is the current gulf war led by George W. Bush and of course the previous gulf war led by his father George H.W. Bush. With neighboring Iran, there have been quarrels such as the Iran-Contra affair. This involved a political scandal in which Ronald Reagan's administration sold military arms to Iran. At this time they were in the midst of the Iran-Iraq War, while the United States had hostages held in Lebanon by Hezbollah. The United States hoped that Iran would influence Hezbollah to release the American hostages, but didn't. Finally, with Saudi Arabia also part of the Middle East, the United States

The United States has been involved in the affairs of the Middle East for decades and they’ve had various reasons for being there, whether it was to wage war or to prevent outside influence that would undermine their own influence in the region, it always seemed to revolve around one thing: oil. As we all know, oil is a very profitable resource and it’s a huge part of many nations’ economies and because this is the case many wars are fought over this black liquid. The U.S. is no different in that they did just about anything to maintain their access to Middle East oil. As a result, United States actions in the Middle East today has been formed through the decades long desire for their oil.

The level of internationalisation around the globe has grown throughout the years, with advanced technologies the ease and ability to work with foreign countries has also grown. However, firms do not simply interact with each other with no outside party involvement; the government can be seen to play a large role in conducting international business. Governments continuously have the responsibility to act in the manner that they believe is best for their nation; this includes decisions regarding protectionism, which may serve to aid domestic industries but simultaneously hinder international business. It can be seen that governments do not always act in their nation’s best interest and are corrupt which can serve to increase the risks and costs of entering an international business environment. While these are examples in which the government makes international business difficult it can also be seen that the presence of a government is instrumental in creating international business effectiveness, whether this be through their legal system or from trade agreements. This makes the role the government plays paradoxical; as their involvement generally increases the risks and costs of firms seeking to internationalise, whilst simultaneously playing a significant role in creating international business effectiveness.