Every Agreement Concerned with Trade, and Every Regulation of Trade

question 67

Multiple Choice

Every agreement concerned with trade, and every regulation of trade, restrains. The test of legality under the antitrust laws, according to the rule of reason, is whether the restraint

• A)is blatantly, inherently anticompetitive.
• B)has a substantial effect on interstate commerce.
• C)merely regulates and thereby promotes competition.
• D)suppresses or destroys competition.

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Definitions:

All-Female Cooperatives

Economic organizations entirely managed and operated by women aimed at promoting female entrepreneurship and economic independence.

Sea Islands Experiment

A Reconstruction-era project on the Sea Islands off the coast of South Carolina where formerly enslaved African Americans were given land to test the effects of land ownership.

Former Slaves

Individuals who were once enslaved but gained freedom, either through legal means, emancipation proclamations, or self-liberation efforts.

Northern Reformers

Individuals or groups from the Northern United States who advocated for various social, political, and economic reforms during the 19th century, often concerning the abolition of slavery and reconstruction efforts.