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

Multiple Choice Questions

1. Which British civil servant says the U.S. antitrust laws cannot be understood?
(a) A.D. Neale.
(b) A.D. Foster.
(c) A.D. Gershwin.
(d) A.D. Brookings.

2. What is one of the keystones of capitalism?
(a) Philosophy.
(b) Logic.
(c) Thinking.
(d) Reason.

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

4. Who are against war and the threat of nuclear weapons, according to the author?
(a) Governments.
(b) Entire populations.
(c) Peace proponents.
(d) Activists.

5. The Aluminum Company of America holds a position as the only producer of what?
(a) Aluminum alloy.
(b) Tin-aluminum.
(c) Secondary aluminum.
(d) Primary aluminum.

Short Answer Questions

1. According to classical economics, what is the basis of competition?

2. What does political economy study?

3. The bloodiest conflicts in history have been _______ _______.

4. Competition, according to the author, is regulated by what market?

5. What do the courts protect?

(see the answer key)

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