Regulation is defined as:
the government’s monitoring and controlling of the money supply.
the government’s taxing of certain businesses and products.
the government’s reduction in the amount spent on public services.
the government’s requiring businesses to perform specific actions.

Regulation is defined as:  the government’s requiring businesses to perform specific actions. The regulation involves set of a laws that control the way that a business can operate, or all of these laws considered together. Protecting the employees' rights and protecting the environment are some of the goals of the regulation.

answer; protectionism fosters competition and keeps price regulated;