What is the difference between an autocracy and an oligarchy

Autocracy and Oligarchy

Explanation:

The autocracy form of government is characterized by the presence of a single leader or individual who rules the people. it is also refereed in some cases where a military dictator rules the country an individual running the country

where as OLIGARCHY refers to control of small groups or organization over the government policies and procedures that how it should be conducted and controlled

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.