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This quiz consists of 5 multiple choice and 5 short answer questions through Antitrust.

Multiple Choice Questions

1. What is trade without any barriers known as?
(a) Limited trade.
(b) Free trade.
(c) Capitalist trade.
(d) Expansionist trade.

2. The author states that most wars are started by countries with what?
(a) Restrained trade.
(b) Restricted economies.
(c) Controlled economies.
(d) Fair trade.

3. What is the name that the nobility, and the king, use to describe people who are considered property?
(a) Chattel.
(b) Cattle.
(c) Chartered.
(d) Chargrin.

4. What does the author believe is the basic tool of business?
(a) Land.
(b) Wages.
(c) Values.
(d) Labor.

5. Antitrust laws are written in the popular belief that if businesses were left free, what would result?
(a) Diminshed power.
(b) Excessive power.
(c) Absolute power.
(d) Arbitrary power.

Short Answer Questions

1. What is the first antitrust legislation?

2. Who is the author of this book?

3. Who is the author of the antitrust chapter?

4. According to the author, statism is often linked to what other "ism"?

5. What is one of the negatives that political power uses?

(see the answer key)

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