The Sherman Antitrust Act of 1890 Prohibited

question 26

Multiple Choice

The Sherman Antitrust Act of 1890 prohibited

• A) export tariffs.
• B) attempts to restrain trade.
• C) all existing monopolies.
• D) interstate commerce.

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Definitions:

Distribution Network

The interconnected group of storage facilities and transportation systems that move goods from manufacturers to consumers.

Manufacturer Storage

Facilities used by manufacturers to store raw materials, work-in-progress items, and finished goods before distribution.

In-Transit Merge

A logistics strategy that combines shipments from various suppliers while in transit to reduce costs and improve efficiency.

Drop-Shipping

A sales fulfillment approach in which a retailer does not stock the products offered for sale. Instead, the retailer orders the product from an external supplier as soon as a sale is made and has the item sent directly to the consumer.