| A | B |
| interdependence | mutual reliance |
| foreign relations | way in which a nation deals with the governments of other nations |
| alliance | agreement in which two or more nations commit to helping each other for defense, economic, scientific, or other reasons |
| executive agreement | mutual understanding between the president of the United States and the leader of a foreign government |
| diplomatic recognition | power of the president to decide whether to establish official relations with a foreign government |
| diplomatic corps | ambassadors and other representatives of a nation serving in foreign countries |
| courier | special government messenger |
| summit | meeting among the leaders of two or more nations |
| foreign aid | government program that provides economic and military assistance to other nations |
| newly industrialized country (NIC) | nation experiencing rapid industrialization and economic growth |
| balance of trade | difference in value between a nation's imports and exports |
| export | good or service sold to another country |
| import | good or service bought from another country |
| trade deficit | situation in which a nation spends more money to buy foreign goods than it earns through the sale of its goods to other countries |
| free trade | trade that is unrestricted by tariffs and other trade barriers |