The 1982 Act Passed by Congress in Order to Clarify

question 30

Multiple Choice

The 1982 act passed by Congress in order to clarify the standard to be applied in determining the extraterritorial effect of American antitrust law provides that:

• A) American antitrust law extends to all countries that do not have enforceable antitrust laws of their own.
• B) American antitrust law does not apply outside the U.S.
• C) American antitrust law applies only to conduct that has a direct, substantial, foreseeable effect on U.S. commerce.
• D) American antitrust law applies only to firms whose economic power is so substantial that they could directly and significantly dominate foreign markets.

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Definitions:

Marshall

A term that can refer to a high-ranking officer in military matters, or to George C. Marshall, the U.S. Army Chief of Staff during World War II and later Secretary of State, who proposed the Marshall Plan for European recovery.

Acculturation

The process by which individuals or groups from one culture adopt the practices, values, and norms of another culture while still maintaining elements of their original culture.

Cherokee

A Native American tribe originally from the southeastern United States, known for their history, culture, and forced relocation via the Trail of Tears.

American Culture

A set of customs, traditions, and values of the United States, influenced by diverse ethnic backgrounds, historical events, and popular media.