The cognitive ability test that is used most commonly in the industry is.

Intelligence Quotient

Explanation:

The cognitive ability test that is used most commonly in the industry is Intelligence Quotient.

Intelligence Quotient is used a standard for the measurement of an individual’s intelligence and ability to think in very critical situations, ability to solve complex problems involving different variables is also involved and used in the determination of this quotient.

answer; /// (culture);

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.