IR Fundamentals
What studies how power, interests, and institutions interact across borders?
International Relations
What are countries like the USA or Iran called in IR?
States
What causes conflict when actors have opposing goals?
Competing interests
What type of risk is related to wars or international tensions?
Geopolitical risk
What was the 1979 event that changed Iran’s political direction?
Iranian Revolution
Which level of politics includes firm strategies like lobbying and compliance?
Micro level
What are organizations like the UN or WTO called?
International organizations
What do institutions like the UN try to reduce in global systems?
Uncertainty
What type of risk comes from sudden legal changes?
Regulatory risk
What are economic restrictions imposed by the U.S. on Iran called?
Sanctions
Which level includes geopolitics and global trade systems?
Macro level
What type of power uses sanctions or military threats?
Coercive power
What is the system of rules and institutions managing global interactions called?
Global governance
What type of risk comes from association with controversial actors?
Reputational risk
What are indirect armed groups like Hezbollah called?
Proxies
What type of actor are companies considered in global systems?
Political actor
What type of power relies on diplomacy and narratives?
Persuasive power
What are trade rules and sanctions examples of?
Rule-making
What strategy involves spreading operations across markets?
Diversification
What global financial system gives the U.S. structural power?
SWIFT
What does politics define for businesses in global markets?
Rules of the game
What type of power comes from control of systems and institutions?
Structural power
What is a key limitation of global governance due to politics?
Fragmentation
What planning tool prepares firms for different future scenarios?
Scenario planning
What nuclear agreement showed temporary cooperation with Iran?
JCPOA