Economic diplomats also monitor and report on economic policies in foreign countries and give the home government advice on how to best influence or coerce them. Economic diplomacy employs economic resources, either as rewards or sanctions, in pursuit of a particular foreign policy objective.
Economic diplomats also monitor and report on economic policies in foreign countries, providing advice to their home government on how to effectively shape or pressure them. Economic diplomacy utilizes economic resources, either as incentives or penalties, to achieve a specific foreign policy goal.