international-agreements

Vocabulary Word

Definition

'International-agreements' are formal deals between countries or international organizations. These arrangements are often focused on areas like trade, environmental protection or defense.

Examples in Different Contexts

In trade policy, 'international agreements' often refer to treaties that regulate trade relationships between countries. An economist might explain, 'International agreements like NAFTA and the TPP are designed to reduce tariffs and promote free trade among member countries.'

Practice Scenarios

Tech

Scenario:

Recent rulings in data protection are bringing significant changes in the tech world, especially in the ways data is shared and handled.

Response:

Let's ensure our practices align with these international agreements to protect our proprietary technologies.

Environment

Scenario:

The new biodiversity standards are quite a challenge but they are key for long-term sustainability. We have to ensure we meet these requirements.

Response:

Our firm needs to adhere to international agreements on biodiversity to preserve our planet's valuable ecosystems.