According to the U

question 49

Multiple Choice

According to the U.S.Census Bureau,merchant companies are companies that ________.

• A) arrange for the sale of goods without owning them
• B) outsource their sales process
• C) buy goods and resell them
• D) sell services provided by others

---

Definitions:

International Pharmaceutical Companies

Corporations that operate across borders to research, develop, manufacture, and market medications and healthcare products globally.

Protecting Competition

Efforts and regulations put in place to ensure fair competition among businesses within a market, preventing monopolies and fostering innovation.

Federal Trade Commission Act

A United States law established in 1914 to promote competition and protect consumers from anticompetitive practices, deceptive advertising, and unfair business practices.

Sherman Antitrust Act

An 1890 U.S. law aimed at promoting fair competition by prohibiting monopolies and other activities that restrict trade.