trade policy
Import-export regulations
Trade policy is a government's approach to regulating international commerce—tariffs, quotas, subsidies, and trade agreements that shape what flows across borders and at what cost.
Countries adopt protectionist trade policies to shield domestic industries or free-trade policies to encourage open markets: The administration's trade policy favored American manufacturing.
Trade policy debates often pit economic efficiency against job protection.
- tariffTax on traded goods
- level playing fieldEqual competitive conditions
- customs unionTariff-aligned trading partnership
- export controlsRestrictions on foreign sales
- subsidyFinancial assistance from government
dumping · currency manipulation · globalization · supply chain · quota · NAFTA · most favored nation · product standards · export tax · sanitary regulations · retaliation · bilateral · WTO · import · leverage · barriers · border · surplus
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- tradecustoms, commerce, export, exports, quotas
- trade & commerceexports, imports, tariffs, merchant, vendor
- economic policyfiscal discipline, fiscal stimulus, fiscal restraint, tariff, tax cuts
- Government Policysocial welfare, gun control, social programs, poverty reduction, border protection
- international tradecustoms, tariffs, freight, exports, imports
trade policyprotectionism
Shielding local producers
free trade · autarky · economic nationalism · import substitution · mercantilism
trade policydomestic policy
Government actions within borders
industrial policy · domestic affairs · fiscal policy · monetary policy · labor policy
trade policylaissez-faire
Noninterference in commerce
free market · market forces · deregulation · non-intervention · economic freedom