Trade regulations are rules and laws that govern how goods and services are exchanged between countries. These regulations aim to ensure fair competition, protect consumers, and promote economic stability. They can include tariffs, which are taxes on imported goods, and quotas, which limit the amount of a product that can be imported. Countries often establish trade agreements to facilitate smoother trade relations. These agreements, such as those involving World Trade Organization (WTO) guidelines, help reduce barriers and create a more predictable trading environment. By adhering to trade regulations, nations can foster international cooperation and economic growth.