Question

Explain trade guidelines

Answer 1

Answer:

Trade policy refers to the regulations and agreements that control imports and exports to foreign countries. Learn more about trade agreements including NAFTA, CAFTA, and the Middle Eastern Trade Initiative, as well as regulations, farm subsidies, and tariffs.

Answer 2

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Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties. Trade can take place within an economy between producers and consumers.