By Samuel Burke, CNN
When America elects a president, the world watches. And Tuesday, it is the candidates' turn, as they wait with bated breath for the outcome. According to CNN's latest poll, Barack Obama and Mitt Romney are tied in their quest for the popular vote. The outcome in the electoral college is far from certain.
What's also unclear is whether American foreign policy change will change, whether or not a new president takes office.
Former Secretary of State Madeleine Albright knows exactly how tough it is to make foreign policy priorities and decisions. She has been campaigning for President Obama, and has kind words for her fellow Democrat on his approach.
"I think that he has been quite remarkable in the way that he has understood the issues that are out there for us to deal with that really do require partnership," she said.
She said she has a harder time understanding what former Governor Mitt Romney stands for.
"He has said, for instance, that Russia is our number one geostrategic problem, which made sense for the 20th century, but makes no sense in the 21st."
The United States' relationship with Russia, Albright said, must change no matter who is elected.
"The rebalancing to Asia – a genuine understanding that the United States is an Atlantic as well as a Pacific power, and that we have to deal with a rising China that is both a friend and in some ways a competitor."
Albright believes that the U.S. should work with them not only on economic cooperation, but also work to prevent the escalation of problems in the South China Sea.
Albright described a small dinner she attended with China's leader in-waiting, Xi Jinping, when he was in the United States earlier this year.
"I think he was looking for ways to build on the long-term relationship that has existed with China and see where the areas are that we can cooperate. I think that's what we're going to be looking for also."
Romney has accused Obama of being weak not only in dealing with China, but also with Iran and its nuclear program. Albright supports Obama's "very tough" multilateral sanctions, which she says are working toward isolating Iran internationally.
"[Governor Romney] makes it sound as if we're ready to go to war with Iran," Albright said. "And I think that's dangerous just to have that as a flat-out policy."
One challenge for either candidate is the Middle East peace process. There has been no movement for quite some time; and the upcoming Israeli elections will make it clear what that country's position is.
"But in the end, the United States can't dictate terms. And so I think it is important to reenergize that and I hope very much that both the parties, the Israelis and the Palestinians, will be prepared to move forward."