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Comprehensive Trade and Economic Policy

A comprehensive trade and economic policy is a government strategy aimed at balancing and enhancing a nation's economic growth, job creation, and global trade relations. It involves creating rules, agreements, and initiatives to promote fair trade, protect industries, attract investments, and ensure sustainable development. Such policies consider various factors, including tariffs, trade agreements, regulations, and economic incentives, to support a strong, competitive economy while safeguarding public interests and fostering international cooperation. Essentially, it’s a coordinated plan to manage how a country engages with the global economy to benefit its citizens and industries.