The Lazarsfeld approach to theory construction, because it assumed that research should begin with empirical observation, is said to be: a. Inductive b. Phenomenistic c. Audience centered d. Deductive

a.inductive

Explanation:

inductive approach- preferred by Lazarsfield, approach to theory construction that sees research beginning w/empirical observation not speculation.

Inductive approach, also known in inductive reasoning, start with a set of observations and then they move from those particular experiences to a more general set of propositions about those experiences. In other words, they move from data to theory, or from the specific to the general.

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.