geoeconomic
Geoeconomics refers to the use of economic tools and strategies to achieve geopolitical goals. It involves leveraging trade, investment, and financial policies to influence other countries' behavior and enhance national interests. This approach recognizes that economic power can be as significant as military power in shaping international relations.
Countries often engage in geoeconomic practices through sanctions, trade agreements, and investment initiatives. For example, a nation might impose sanctions on another to pressure it into changing its policies. Similarly, trade agreements can be used to strengthen alliances and promote economic interdependence, ultimately serving broader strategic objectives.