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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.
Multiple Choice Questions
1. Where did Philipp Brothers establish a firm it was miraculously able to keep alive during World War I?
(a) London.
(b) Paris.
(c) Oslo.
(d) Warsaw.
2. The author writes in Chapter 6 that Rich was well aware that OPEC's demand for ______ would lead to an oil glut that the globe could not handle.
(a) More production.
(b) Trade embargoes.
(c) Less production.
(d) Money.
3. Where was Marc Rich born?
(a) London, England.
(b) New York, U.S.
(c) Oslo, Norway.
(d) Antwerp, Belgium.
4. 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?
(a) A lack of financial backing.
(b) A metal shortage.
(c) A shrinking customer base.
(d) A growing customer base.
5. What was Marc Rich's father's occupation?
(a) College professor.
(b) Postal clerk.
(c) High-level trader.
(d) Low-level trader.
Short Answer Questions
1. Marc Rich was able to parlay his friendship with the Iranian broker into meaningful associations with whom?
2. After 15 years at the helm, the Philipps brothers' cousin and who were responsible for elevating Philipp Brothers to a powerful international trading force?
3. Marc Rich created an oil market that allowed customers to buy oil without having to do what?
4. In Chapter 2, a rumor circulated that who had succumbed to a cerebral hemorrhage?
5. Where did many of the metals traded under the radar originate?
Short Essay Questions
1. How does the author describe the industrial trading world of 1984 in Chapter 1?
2. What happened with banking following the merger with Engelhard in Chapter 6? How did this affect Rich?
3. What was Marc Rich's school experience like? Where did he attend high school?
4. What is written of Marc Rich's ambition and determination in Chapter 6? What was admirable about him?
5. Where was Marc Rich born? What was his father like?
6. How many metals were openly traded? Where did others come from?
7. When did Rich become the manager of the Madrid office at Philipp Brothers? How was he described in this position?
8. What rumor spread through the trading world in 1984? Was it confirmed?
9. What was in great demand in Chapter 2? What were the results?
10. Why was the metal industry centered in London? How does the author describe the power of the industry in Chapter 1?
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This section contains 872 words (approx. 3 pages at 300 words per page) |
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