Applying trade measures

Description

Applying trade measures involves implementing policies such as tariffs, quotas, embargoes, or standards to regulate the flow of goods and services across borders. The essential action is to address specific economic, environmental, or social problems—such as protecting domestic industries, ensuring fair competition, or enforcing international agreements—by influencing trade patterns. These measures serve as practical tools for governments to remedy imbalances, prevent unfair practices, and promote desired outcomes in international commerce.