The Clayton Act, enacted in 1914, regulates mergers and prohibits certain exclusive dealing arrangements

Transnationals are firms that have operations in more than one country and conduct their business through branches, foreign subsidiaries, or joint ventures with host country firms

Indicate whether the statement is true or false.

In a periodic inventory system, the Inventory and Cost of Goods Sold accounts are kept up-to-date throughout the accounting period

Indicate whether the statement is true or false.