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13 August, 07:55

Rules ensuring that businesses offer safe products to consumers are part of a nation's

trade policy.

monetary policy.

regulatory policy.

fiscal policy.

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Answers (2)
  1. 13 August, 08:04
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    Answer: regulatory policy
  2. 13 August, 08:07
    0
    Rules ensuring that businesses offer safe products to consumers are part of a nation's regulatory policy. Regulatory policy is designed to achieve efficiency and equity, which requires the government to intervene. For example, the government's restriction and control over business practices. Many of the regulatory decisions (federal government) are made in the context of group politics. Business lobbies also have a strong influence on the regulatory policies.

    Regulatory policy is about achieving government's objectives through the use of regulations to deliver better economic and social outcomes.
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