Many of the policies and trade laws in any country are formulated after examining the international situation. It has become inevitable for countries worldwide to focus on the larger global picture before applying any domestic or international trade laws and policies. International relations refers to the study of the political, judicial, social and economic state of the international market. It studies institutions like multinational corporations and their role in the development of any country or in the political scenario of that country. It includes the study of the functioning of international and national organisations. Through this book, constant effort has been made to make the complex subject of international relations and global and national policies easy and informative for the students. As this field is emerging at a rapid pace, the contents of this textbook will help the readers understand the modern concepts and applications of the subject.