Answer to Question #309259 in Microeconomics for Sudha

Question

Discuss the goals of regulatory frameworks with regards to reasons governments manage regulate-es and use different regulators to policy the financial markets

Answer 1

Regulatory frameworks are legal mechanisms that exists on national and international levels. This regulation consists of requirements that the government imposes on private firms and individual to achieve government's purposes. This include better and cheaper services and goods, protection of existing firms from unfair and fair competition, cleaner water and air, and safer workplaces and products.