The Wheeler-Lea Amendment of 1938 Made Unfair or Deceptive Acts

question 91

Multiple Choice

The Wheeler-Lea amendment of 1938 made unfair or deceptive acts or practices in commerce illegal under:

• A) the Sherman Act.
• B) the Noerr-Pennington doctrine.
• C) the Clayton Act.
• D) the Robinson-Patman Act.
• E) the Federal Trade Commission Act.

---

Definitions:

Foreign Currencies

Different countries' monetary units, which are exchanged in the foreign exchange market.

British Pound

The currency of the United Kingdom, used in Great Britain and Northern Ireland.

Uncovered Interest Parity

An economic theory that states the difference in interest rates between two countries equals the expected change in exchange rates between those countries' currencies.

Exchange Rate

The price of one country's currency expressed in another country's currency.