The tax cuts pushed by the reagan and bush administrations were premised largely on

These tax cuts were largely based on the economic theory called the supply-side economics or also known as the trickle-down economics which is used by the critics. This theory states that economy will best flourish if the taxes were cut and deregulation increased which means less influence of the government over the market.

could you give me the options ?

it provided for equal trade rights among nations in china.