The Sherman Act of 1890 was passed to prohibit
A) combinations, trusts, or conspiracies to restrict interstate or international trade.
B) monopolization or attempts to monopolize interstate or international trade.
C) both of the above.
D) neither of the above.
C
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The HO model assumes that ________ are identical between countries
A) tastes B) technology sets C) factor endowments D) Both A and B
In the coordination failure model, the "good" equilibrium is characterized by a
A) higher real interest rate and a higher price level than the "bad" equilibrium. B) higher real interest rate and a lower price level than the "bad" equilibrium. C) lower real interest rate and a higher price level than the "bad" equilibrium. D) lower real interest rate and a lower price level than the "bad" equilibrium.