Refers to heredity and refers to environmental influences.

Nature refers to heredity and nurture refers to environmental influences.

Explanation:

By nature we mean our genetic heritage. By nuture we mean everything we learn after we are born by environmental influence. Both are responsible for forming who we are. Galton was the first to see "nature" and "nuture" as distinct entities, and to assert that both were solely responsible for personality formation.

Based on this definition, we can state that nature refers to heredity and nurture refers to environmental influences.

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.