Which of the following is a summary of the three key economic questions? a. who will buy which goods and services, and how much will they pay? b. how, when, and from whom should consumers get what they want? c. when, where, and by whom should goods and services be produced? d. what goods and services should be produced, how, and for whom?

The correct answer is D. What goods and services should be produced, how and for whom?

The question includes the 3 key questions of economic production: WHAT, HOW and FOR WHOM to produce a certain good or service. In this way, the 3 key questions are included, and the information prior to production is complete and simple.

concurrent jurisdiction is the ability to exercise judicial review by different courts at the same time, within the same territory, and over the same subject matter. for instance, a domestic violence matter may be heard in either a general civil court or a family court in the same county. whichever court actually exercises its jurisdiction first will do so exclusively.

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.