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This quiz consists of 5 multiple choice and 5 short answer questions through Chapters 8 and 9.
Multiple Choice Questions
1. In what years did Marc Rich make the greatest profits in oil as this was its peak in American demand in Chapter 9?
(a) 1974-75.
(b) 1976-77.
(c) 1980-81.
(d) 1979-80.
2. The rumor from Chapter 2 began circulating where?
(a) New York.
(b) Paris.
(c) Oslo.
(d) London.
3. In Chapter 8 a deal was struck whereby Rich would be provided with how many barrels of oil daily?
(a) 200,000.
(b) 150,000.
(c) 50,000.
(d) 100,000.
4. What product did Marc Rich's father-in-law trade in Chapter 5?
(a) Oil.
(b) Lumber.
(c) Metals.
(d) Shoes.
5. In what year was the U.S. dollar no longer backed by gold?
(a) 1971.
(b) 1973.
(c) 1965.
(d) 1976.
Short Answer Questions
1. Marc Rich was able to parlay his friendship with the Iranian broker into meaningful associations with whom?
2. What is the chemical symbol for silver?
3. What happened to the U.S. dollar in trading following the rumor's circulation in Chapter 2?
4. What individual in Chapter 2 was also known as Dapper Dan?
5. Following Rich's takeover as the head of Philipp Brothers' Madrid office, the downturn in industry in the U.S. and other markets left Philipp Brothers with what?
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