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 monitor and report on foreign countries' economic plans, offering counsel to their government on the most effective methods for influencing or controlling them. Economic diplomacy employs various economic instruments, including rewards and penalties, in pursuit of a particular policy objective.