All of the Following Are True of the Modified Final

question 8

Multiple Choice

All of the following are true of the modified final judgment of 1984,except _____.

• A)it created the seven RBOCs
• B)it limited AT&T's monopoly in providing long distance phone service
• C)it created competition in local phone service
• D)it was the result of an anti-trust lawsuit filed by the U.S.Government against AT&T

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Definitions:

Arbitrage

The simultaneous purchase and sale of the same asset in different markets to profit from tiny differences in the asset's listed price.

Shrimp

A small, decapod crustacean found in marine and freshwater environments, often consumed as seafood.

Manhattan

A densely populated borough of New York City, known for its significant cultural, financial, and commercial landmarks.

Foreign Prices

The cost or value of goods and services from a country different from the domestic market, often influenced by currency exchange rates.