Freya is pursuing a career as a computer scientist and must therefore obtain a master’s degree in order to be considered for jobs in her field. the use of these degree requirements to obtain coveted positions in the field of computer science is an example of

Credentialism

Explanation:

Credentialism refers to the need for certain specific certificates or qualification to get considered for the required job.

Credentialism is often associated with educational inflation in which there is a high requirement of a certain degree simultaneously decreasing the quality of diploma or devaluation of degree. It includes progressively higher grades for a specific work which would have been lower in the past for the same work.

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 is the passage