This indicator evaluates the effectiveness of a country's policy framework in promoting and facilitating trade in goods, reflecting the overall trade environment's health. It examines various aspects such as trade tariffs, regulatory hurdles, and logistical efficiency, assessing how these elements influence the ability of businesses to export and import goods seamlessly. A higher rating indicates a conducive environment that encourages trade through supportive laws and initiatives, while a lower rating highlights
substantial barriers that may hinder trade activities. By evaluating trade policies and their implementation, this assessment provides insights into a nation’s integration into the global market, its competitiveness, and the potential for economic growth through enhanced trade relationships.
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