Trade policy refers to the rules and regulations governing the import and export of goods and services between countries. There are many synonyms for trade policy, including international trade policy, commerce policy, global trade policy, trade relations, trade agreement, trade regulations, trade barriers, and trade practices. These terms are often used interchangeably to refer to the same set of laws and regulations that affect the flow of goods and services across international borders. Regardless of the terminology used, trade policies have a significant impact on the economies of countries around the world and can influence everything from job creation to consumer prices.