International Trade Laws

International trade laws are rules that govern how countries buy and sell goods and services across borders. They ensure fair competition, protect intellectual property, and set standards for tariffs (taxes on imports/exports) and customs procedures. These laws help prevent unfair practices, resolve disputes, and promote smooth economic exchanges between nations. They are often guided by international agreements and organizations like the World Trade Organization (WTO), aiming to create a predictable and equitable framework for global commerce.