The European Union Uses an Exemption System in Its Competition

question 6

Multiple Choice

The European Union uses an exemption system in its competition law.This means that:

• A) certain industries are exempted from antitrust law because of their technology.
• B) an agreement can be entered into if the prospective parties can obtain a "negative clearance" from the European Commission.
• C) certain countries are exempt from the competition law until they reach further economic development.
• D) none of these are correct.

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Definitions:

Face Validity

The degree to which a test or measure appears to assess what it claims to measure, based on a superficial examination, rather than through rigorous validation methods.

Anxiety Construct

A psychological framework or model representing the various aspects and manifestations of anxiety as a mental health condition.

Content Validity

The extent to which a test measures all aspects of the concept or construct it is intended to assess.

Cronbach's Alpha

A measure of internal consistency or reliability of the items in a test or questionnaire, indicating how closely related the items are as a group.