ELI5: Explain Like I'm 5

International regulation

International regulation is like a set of rules that countries agree to follow to make sure everyone is playing fairly and things run smoothly.

Just like how your teacher makes rules in your classroom to keep everyone on the same page and help you learn, international regulation is made by countries to keep everything peaceful and fair.

For example, when you play a game with your friends, there are usually rules to follow, like taking turns or not cheating. In the same way, countries make rules to follow when they're doing things like trading with each other, protecting the environment, or making sure people's human rights are respected.

These rules might come from agreements made between countries, like treaties or trade deals. The rules are important because they help make sure that everyone is playing by the same rules and that no one country is taking advantage of another.

International regulation can be a lot like having a referee to make sure everyone is playing fairly in a game. Just like a referee, these rules help make sure that everyone is playing by the same rules and that everyone has a fair chance to succeed.