International trade agreements are contracts between countries that outline the rules and conditions for trading goods and services. These agreements aim to reduce barriers such as tariffs and quotas, making it easier and cheaper for countries to exchange products. By promoting trade, countries can benefit from increased economic growth and access to a wider variety of goods. Examples of international trade agreements include the North American Free Trade Agreement (NAFTA) and the European Union (EU) trade policies. These agreements help establish fair competition and protect the rights of businesses and consumers, fostering cooperation among nations in the global economy.