- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 1. The Firm and Market Structures
- Subject 8. Oligopoly
CFA Practice Question
The oligopoly power of firms in the U.S. automobile industry would be much greater if ______
B. the U.S. Justice Department won an anti-trust case that required G.M. to sell its Chevrolet division.
C. Sears entered the U.S. auto market with a new car called the "Allstate."
A. imported cars produced by foreign auto firms were not permitted.
B. the U.S. Justice Department won an anti-trust case that required G.M. to sell its Chevrolet division.
C. Sears entered the U.S. auto market with a new car called the "Allstate."
Correct Answer: A
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