The congressional budget act of 1974 requires congress to submit a budget resolution each year. what happens if congress cannot agree on a budget resolution? a. there is no budget for that fiscal year. b. the previous year's budget resolution is used. c. the president's office drafts its own budget resolution to be used. d. the budget is permanently postponed until the next session of congress.

B. The previous year's budget resolution is used.

Explanation:

The budget resolution demanded by the Congressional Budget Act of 1974 must be passed by both the Senate and House of Representatives, and it is also based on proposals from the Office of Budget Management and the President of the United States. Besides, the Congressional Budget and Impoundment Control Act of 1974  created a fixed budget calendar and a budget committee in each house.

B

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i would say d tho   ctfvygbuhinjmlk

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.