Written by the Fiveable Content Team • Last updated September 2025
Verified for the 2026 exam
Verified for the 2026 exam•Written by the Fiveable Content Team • Last updated September 2025
Definition
Trade disputes occur when countries engage in conflicts or disagreements related to trade policies, tariffs, or unfair practices that hinder free trade.
Related terms
Protectionism: Economic policy that restricts imports through measures such as tariffs or quotas.
Free trade agreement (FTA): An agreement between countries that eliminates barriers to trade and promotes economic cooperation.
World Trade Organization (WTO): An international organization that deals with global rules of trade between nations.