Commercial policies are guidelines and regulations that govern how businesses operate in the marketplace. These policies can include pricing strategies, trade agreements, and marketing practices. They aim to create a fair and competitive environment for companies while protecting consumers and promoting economic growth. Governments often implement commercial policies to regulate international trade, such as tariffs and quotas, which affect how goods are imported and exported. By establishing these rules, authorities like the World Trade Organization help ensure that trade practices are transparent and equitable, fostering a stable economic climate for both businesses and consumers.