International Trade Law
International Trade Law refers to the set of rules and agreements that govern trade between countries. It aims to facilitate smooth and fair trade practices, ensuring that goods and services can move across borders with minimal barriers. This area of law includes treaties, trade agreements, and regulations established by organizations like the World Trade Organization (WTO).
These laws cover various aspects, such as tariffs, import and export restrictions, and trade disputes. They help resolve conflicts between nations and promote cooperation in global commerce. By providing a legal framework, International Trade Law supports economic growth and stability in the global market.