According to the U

question 4

Multiple Choice

According to the U.S. Robinson-Patman Act of 1936, price discrimination

• A)is always illegal.
• B)is legal unless it harms competition.
• C)may be used to drive rivals out of business.
• D)can only be justified if the price discrimination is due to actual cost differences.

---

Definitions:

Economic Integration

The process by which different countries reduce barriers to trade and investment, making economies more closely interconnected.

Micropolitan Statistical Area

A geographic region with an urban core of at least 10,000 but fewer than 50,000 inhabitants, often used in demographic and economic analyses.

Urban Cluster

A densely settled territory that includes cities and towns, typically with a population between 2,500 and 50,000, used for statistical and planning purposes.

Economic Integration

The process by which different countries reduce trade barriers and coordinate their economic policies to facilitate more efficient trade and investment.