Economic relations refer to the interactions and exchanges between countries, businesses, and individuals that involve the production, distribution, and consumption of goods and services. These relations can include trade agreements, investments, and financial transactions that help economies grow and develop. For example, when Country A exports goods to Country B, both nations benefit from increased economic activity and access to a wider variety of products. Additionally, economic relations can influence global markets and affect local economies. Factors such as currency exchange rates, tariffs, and trade policies play a significant role in shaping these interactions. Strong economic relations can lead to cooperation and stability, while tensions can arise from trade disputes or imbalances.