Especially on international scale

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That is designed to control or influence the exchange of goods, especially on an international scale. It includes tariffs, trade treaties, and import quotas, among other things. These policies are used to protect domestic industries and maintain trade balance. They can also be used to punish other countries by imposing trade sanctions. Trade policies can have a significant impact on the economy and are often a subject of controversy and debate.

Reference no: EM134033391

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