Trade Policy
/ˈtreɪd ˈpɒlɪsi/
Definitions
- (n.) A government's set of regulations and agreements governing international commercial transactions and economic relations.
The country's trade policy aimed to reduce tariffs and encourage exports.
- (n.) Laws, agreements, and customs that regulate commerce between nations or regions.
Trade policy disputes often arise in multinational negotiations.
Forms
- trade policies
Related terms
See also
Commentary
Trade policy is often shaped by a combination of legal statutes, international agreements, and economic considerations; clarity in drafting such policies requires attention to both domestic law and treaty obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.