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MODULE 8 Trade & Consumer Protection23 EXTERNAL TRADE NotesWith the development of human society and progress in science and technology, the scope of trade has also widened. It has now crossed the
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Gather information: Research and analyze data related to trade policies, such as regulations, laws, and trade agreements.
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Trade policy is a science that involves the study of rules and regulations governing international trade, tariffs, quotas, and trade agreements.
Any company or individual involved in international trade is required to understand and comply with trade policy.
To fill out trade policy, one must understand the relevant regulations, gather necessary information, and accurately report trade activities.
The purpose of trade policy is science is to ensure fair trade practices, protect domestic industries, and facilitate international trade relationships.
Information such as the value of goods traded, country of origin, and type of goods must be reported on trade policy.
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