Does understanding the political, economic and cultural relations Research Paper

Does understanding the political, economic and cultural relations among states help us determine the international business environment - Research Paper Example However, the reason why global interactions and their study has attracted so much attention is because a person in one country cannot say that he is immune from the affects of the global interaction, since the interaction is affecting people elsewhere. The interactions that take place on the international arena, therefore, encompass an array of fields such as the media, IGOs, trade agreements and business transactions (Salmon 289). Over the time, the field of business relations has undergone much change. Moreover, due to its diverse nature, it has been studied in great detail. The research conducted on the international business relations carried out between the states has found out that there is greater stress on the development of more accommodative and cooperative relationships between the involved parties. Governments share an interest in the development of healthy international relations in order to promote the business carried out and to achieve sustainable economic development . On the other hand, organizations of the partnering states are interested in the promotion of their trade and favor the development of mutual cooperative relations between the states (Grosse 3). The question arises that do factors that are determining the foreign relations of the states and the interaction that occurs between them influence business carried out between them. This paper explores the how political, economic and cultural relations between states impact the international business environment. International relations are defined in a number of ways. It is regarded and studied from a number of perspectives in order to gain more orientation of the global interactions that occur between states. The study came into existence in the early 1900s, and since then, it has been subject to a lot of scrutiny and has been the hotbed of debates relating to matters from international