Foreign Affairs Overview and International Relations

Foreign policy prioritizing short-term gains and deals over long-term goals or ideology, focusing on immediate interests and cost-benefit analysis, like a business transaction.

International Bank for Reconstruction and Development, now known as the World Bank.

Period with one dominant power, a single superpower controlling military, economic, and cultural influence, often referring to the post-Cold War era and the USA.

Sense of challenge or threat requiring catch-up efforts, particularly from a perceived competitor; from USSR's Sputnik 1 launch, highlighting Soviet technological advancement and a threat to US security.

The current name for the International Bank for Reconstruction and Development.

Focus on immediate benefits from a deal or transaction, rather than future success or strategy.

Strategic or long-term plans or visions to achieve a goal or purpose.

The first artificial satellite successfully launched into Earth's orbit by the Soviet Union in 1957, triggering the US to invest heavily in its space program.

WTO members must treat products, services, and people from other member countries the same way they treat their own after they have passed customs or entered the domestic market.

Algeria, Ecuador, Guyana, Japan, Malta, Mozambique, Republic of Korea, Sierra Leone, Slovenia, and Switzerland. These are the non-permanent members of the UNSC in 2024.

Philémon Yang, the former Prime Minister of Cameroon.

Restoring friendly relations between countries that were previously hostile or tense.

World Trade Organization. An international organization that regulates international trade.

Rajaratnam School of International Studies (RSIS) is a think tank located in Singapore.

ASEAN Centrality is ASEAN's leadership role in solving problems, setting directions, and driving political and geopolitical processes in Southeast Asia, using existing ASEAN cooperation mechanisms.

Mechanisms like EAS, ARF, ADDM Plus, ASEAN+3, and ASEAN+6, are used by ASEAN to lead cooperation in Southeast Asia.

Most-Favored-Nation (MFN) requires WTO members to treat products, services, and people from other member countries equally, without discrimination.

A global organization dealing with the rules of trade between nations.

WTO's MFN principle demands equal treatment of member countries in trade.

An organization that performs research and analysis on specific issues, usually for the public.

A country in Southeast Asia, known for its role in trade and international relations.

The Organization for European Economic Co-operation (OEEC).

Los Angeles, 2028.

Canada, Mexico, and USA (multiple countries).

Possible locations include Bangkok, Chonburi, or Songkhla.

Melanesia, Polynesia, and Micronesia are the three primary sub-regions within Oceania.

A set of 10 economic policies aiming to reform developing economies, particularly in Latin America, in the 1980s and 1990s.

Government control over spending to prevent large budget deficits.

Allocating government funds to essential areas like education and infrastructure.

Lowering tax rates and broadening the tax base to stimulate economic growth.

Setting interest rates based on market forces to attract foreign investment.

Maintaining a suitable exchange rate for a country to boost exports.

Reducing barriers like tariffs and quotas to encourage international trade.

Reducing restrictions on foreign direct investment for attracting capital and technology.

Transferring state-owned enterprises to private ownership.

Simplifying rules and regulations to ease business operations and increase competition.

The House of Representatives in the US has 435 members.

The COP30 climate summit will be held in Brazil.

SDG 17 comprises goals focusing on strengthening global partnerships for sustainable development, such as international cooperation and resource mobilization.

SDG 1 aims to eradicate poverty in all its forms by 2030.

SDG 2 focuses on ending hunger, ensuring food security, improving nutrition, and promoting sustainable agriculture for a better future.

SDG 3 aims to ensure healthy lives and promote well-being for all at all ages.

SDG 4 aims for quality education for all, ensuring equal opportunities and lifelong learning.

SDG 5 focuses on achieving gender equality and empowering all women and girls.

SDG 6 aims for sustainable management and access to clean water and sanitation.

The Governor of the Bank of Thailand is Kittirat Narong.

SDG 17 is about strengthening global partnerships to support sustainable development.

SDG 10 aims to reduce inequality within and among countries.

SDG 14 focuses on conserving and sustainably using the oceans, seas, and marine resources.

SDG 15 aims to protect, restore and promote sustainable use of terrestrial ecosystems.