Many historians believe that hash term found in the treaty of versailles lead to

World War II. Hitler got Germany citizen's attention, promising that he will normalize the economy and bring back the lands that were taken by the winners. Even though Germany was not supposed to have an army over 100,000 soldiers,  Hitler ignored the rules and just went on to start World War II, which killed 70-85 million people for the soldiers and about 55 million civilians.

trade regulation is a field of law, often bracketed with antitrust (as in the phrase “antitrust and trade regulation law”), including government regulation of unfair methods of competition and unfair or deceptive business acts or practices. antitrust law is often considered a subset of trade regulation law. franchise and distribution law, consumer protection law, and advertising law are sometimes considered parts of trade regulation law.

in general the theory of economics says that the more open to trade a country is the better   the result for the same country and the whole economies.

in real life countries impose taxes, quotas, etc which is not so good for the economies.

this kind of commercial war between the usa and china is slowing down the growth of the whole world so we can say that it is a draw back of trade regulations. and the free trade agreements are benefits of trade regulations.

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