Trade Policy Law

Trade Policy Law refers to the rules and regulations that govern how countries engage in trade with one another. It includes laws that set tariffs (taxes on imports), quotas (limits on the amount of goods that can be imported), and trade agreements that establish terms for exports and imports. These policies aim to protect domestic industries, promote fair competition, and foster economic growth. Trade Policy Law plays a crucial role in shaping international relations and influencing the global economy, helping countries manage the flow of goods and services across borders.