Question: Complete this Interactive Exhibit: Correctly match the Exemption in the first column to the Source and Scope in the second column. To see the completed

Complete this Interactive Exhibit: CorrectlyComplete this Interactive Exhibit: Correctly

Complete this Interactive Exhibit: Correctly match the "Exemption" in the first column to the "Source and Scope" in the second column. To see the completed exhibit click on the hyperlink below this activity. Small businesses' cooperative research Clayton Act-Permits unions to organize and bargain without violation antitrust laws and specifies that strikes and other labor activities normally do not violate any federal law. State actions Clayton Act and Capper- Volstead Act-Allow agricultural cooperatives to set prices. Insurance companies Fisheries Cooperative Marketing Act-Allows the fishing industry to set prices. Oil marketing McCarran-Ferguson Act- Exempts the insurance business in states in which the industry is regulated. Regulated industries Webb-Pomerene Act- Allows U.S. exporters to engage in cooperative activity to compete with similar foreign associations. Export Trading Company Act- Permits the U.S. Department of Justice to exempt certain exporters. Exporters The United States Supreme Court has held that professional baseball is exempt because it is not "interstate commerce." Agricultural associations Interstate Oil Compact- Allows the president to approve, and thereby exempt, certain activities to further the military defense of the United States. Fisheries Small Business Administration Act-Allows small firms to undertake cooperative research. Labor The United States Supreme Court has held that actions by a state are exempt if the state clearly articulates and actively supervises the policy behind its action. Businesspersons' joint efforts to seek government action Industries (such as airlines) are exempt when a federal administrative agency (such as the Federal Aviation Administration) has primary regulatory authority Professional baseball Cooperative efforts by businesspersons to obtain legislative, judicial, or executive action and exempt unless it is clear that an effort is objectively baseless" and is an attempt to make anticompetitive use of government processes

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