Research an example of an item with decreasing supply and increasing demand that occurred in the United States within the last five years. What caused the supply of the item to decrease? When demand increased, what happened to the price of the item? What is the current status of the supply and demand of the item? Write a two-page essay about your findings.

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.

answer; approx,300,000 ;

answer; ethnocentrism;

answer; foreign services officers;