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This seminar paper explores international economic relations, focusing on key theories and practices that shape global trade and finance. It delves into the impact of globalization, trade policies, and economic cooperation among nations. The analysis is supported by empirical data and case studies, highlighting how economic interactions influence political relationships and development strategies. With a strong academic foundation, the paper aims to provide insights into the complexities of international economics and its implications for future policy-making.

The thesis explores the impact of global economic integration on German small and medium-sized enterprises (SMEs), which initially struggled to internationalize due to limited resources. It highlights the shift towards foreign markets, where exporting remains the primary method of internationalization, complemented by relocating business activities. The work addresses the challenges and obligations faced by corporations in maximizing synergies from cross-border interactions while navigating the complexities of international operations.