Two Japanese Firms-Mikato,Ltd

question 63

Multiple Choice

Two Japanese firms-Mikato,Ltd.,and Shuzushi,Ltd.-enter into a joint venture in an attempt to in-crease their market share of the U.S.auto market.If the joint venture is not a per se violation of U.S.antitrust laws,a U.S.court could ex-ercise jurisdiction over the firms

• A)if the joint venture has a substantial effect on U.S.commerce.
• B)if the joint venture has any effect on U.S.commerce.
• C)if the joint venture was entered into in the United States.
• D)under no circumstances.

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Definitions:

Parallel

A circuit configuration where components are connected across common points or junctions, allowing current to divide and flow through multiple paths.

Series

Components in an electrical circuit are said to be in series if they are connected along a single path, so the same current flows through all of the components.

Inductive Reactance

The opposition to alternating current flow due to the inductance of a component or circuit, measured in ohms.

Reactive Power

Also called wattless power. Calculated by multiplying reactive voltage by reactive current. Can be produced by inductive or capacitive loads.