trade law

Import-export rules

Trade law is the body of rules governing commerce between nations or across borders.

It encompasses tariffs, import restrictions, customs regulations, and trade agreements: Trade law determines whether those goods can enter duty-free.

Domestically, trade law may also cover fair business practices and commercial transactions between parties.

Opposites
jurisdictional scope

trade lawdomestic law

A nation's internal rules

national law · local ordinances · state law

legal domain

trade lawcriminal law

Statutes defining punishable offenses

family law · penal code · constitutional law · tort law · property law

regulatory philosophy

trade lawprotectionism

Shielding local producers

trade barriers · autarky · free trade · laissez-faire · deregulation

Family

trade, law, trades, traded, trading, trader, traders, tradesman, tradesmen

Familiarity
Top 50,000
Profile
Used worldwide · Timeless · Abstract · Rated G