International Trade Regulation

International trade regulation refers to the rules and agreements that govern how countries exchange goods and services across borders. These regulations aim to facilitate fair trade, protect domestic industries, and ensure safety and quality standards. Organizations like the World Trade Organization (WTO) help mediate trade disputes and promote cooperation among nations. Regulations can include tariffs (taxes on imports), quotas (limits on quantities), and compliance with international standards. Overall, these rules help create a balanced trade environment, benefiting economies while aiming for equitable treatment of all nations involved.