Education yields positive externalities. For example, a more educated population a. may increase the pace of technological advances, leading to higher productivity and wages for everyone. b. leads to more informed voters, resulting in better government for everyone. c. tends to result in lower crime rates. d. All of the above are correct

Correct

C. All of the above is correct.

Explanation:

Education is one of the indices which most countries are judged with. In a situation where the percentage of the citizens educated are high, it is assumed that the country is developed with human potentials.

Technological advancement of a country is directly related to the literacy level of its citizens. For example, Japan has one of the highest literacy people in the world. This could be seen in the technological breakthrough and achievements which they have accomplished. Likewise the informed voters being able to elect credible leaders to lead their country.

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.

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