As secretary of commerce under Coolidge, Herbert Hoover's prioritywas the trade-association movement, about which all of the following are true EXCEPT that it:
A) gave business leaders an opportunity to share information
B) allowed businessmen to more accurately foresee developments
C) allowed for price fixing among companies
D) was upheld by the Supreme Court in 1925
E) successfully blocked all monopolistic practices

Question

Quizplus · Accepted Answer

The trade-association movement did not successfully block all monopolistic practices; instead, it sometimes facilitated them, such as through price fixing.

As Secretary of Commerce Under Coolidge, Herbert Hoover's Prioritywas the Trade-Association