Think about the types of regulations you learned about in this chapter. Many of the regulations affected both producers and consumers. For example, a regulation about making a safe product affects how a product is made. The production process also affects production costs and a product's price. If a company follows all the safety regulations, then consumers are buying a safer—but most likely more expensive—product. In this example, the producer followed the regulation, and the consumer responded. But as a consumer you may also have to follow regulations. For example, if you want to renovate your home, you will have to follow government rules, too. In this project, you will learn more about a government regulation of your choice. OBJECTIVES
Explain a government regulation that involves the environment.
Identify advantages and disadvantages of the regulation.
Explore how the regulation affects the economy.

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.

can you explain it better

well, i can't read it so i'll ask you questions about it : )

if you were a reader and you read the introduction, would you want to read more?

does it start with a question? if so, is it something you would want to read about?

and ask any friends or family for their opinion : )