Kellyanne hired Joshua from Southwest University. He was an amazing employee and exceeded all her expectations. The next year, she received an application for a job opening from another graduate from Southwest University. She was very excited to hire another outstanding candidate. Kellyanne has:

Representativeness heuristic bias

Explanation:

Representativeness heuristic bias can be described as the occurrence of people who think two similar or the same things and events can have the same outcome.

People connect things that are similar and believe that they will give the same results, even though sometimes the circumstances and details affect so much that the results can't be the same. This happens because people make judgments based on the information that they know in order to make a quick calculation or gain quick results.

In this case, Kellyanne is basing her decision on the fact she previously employed someone from Southwest University. She expects that another person from the same university will be as good as her employee, and she offers them a job.

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.

where are the choices