The trade policy
Example: Trade policy sets rules governing international trade activities and agreements
Definition
"The trade policy" refers to the set of rules and regulations established by a government or organization to control and guide international trade activities and agreements, aiming to influence economic relationships and protect domestic industries.
Etymology
The term "the trade policy" combines "trade," derived from Old English 'trād' meaning the act of trading or path, with "policy," from Greek 'politeia,' meaning citizenship or government. Together, they describe a governing strategy related to commerce.
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"The trade policy" appears in the Vocaplus list "English - Management - (A1-C2) - set 1", containing 108 commonly used words.
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