Which explains the connection between the law of demand and excess demand ? ?

The decreases in price leads to greater quantity demanded and limited supply, which occurs during excess demand.

Supply and demand are two of the most important factors in the economy, as they identify the elements within a consumption relationship. When an item is traded, there are always two economic agents involved: one that buys and the other that sells, which are, respectively, the plaintiff and the offerer.

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.

ne pare rău, dar când mi-am căutat întrebarea, doar avioanele au apărut .. deci, ar putea fi răspunsul, sau ar putea fi baloane cu aer cald, deoarece acestea pot conta și ca ambarcațiunile de aer, dar nu sunt complet sigur de asta. a fost doar o presupunere, sper că am ajutat, îmi pare rău dacă nu am făcut-o. de asemenea, folosesc traducerea google, pentru a traduce ceea ce spun în engleză, așa că îmi pare rău dacă gramatica sau chiar limba nu este corectă