global-regulations

Vocabulary Word

Definition

'Global regulations' are rules or standards that are accepted and followed internationally. They're like the rules of a game, but in this case, the 'game' is global trade or conduct.

Examples in Different Contexts

In international law, 'global regulations' refer to rules and standards that govern international activities, affecting trade, environmental protection, and human rights. A legal expert might say, 'Navigating global regulations is essential for multinational corporations to ensure compliance across all operations.'

Practice Scenarios

Business

Scenario:

Our company's international expansion is exciting, but it also presents new challenges and responsibilities. We need to ensure that we respect local customs as well as international rules.

Response:

Agreed, we cannot overlook global regulations, especially considering international trade agreements and tax laws.

Public-Policy

Scenario:

As environmental challenges mount, coordination on policy priorities is key. Our collective responsibility extends beyond national borders.

Response:

You're right. Following global regulations like the Paris Agreement could help us tackle these collective environmental challenges effectively.