TOEFL Reading: ETS-TOEFL阅读机经 - F56JUZBKJXY_503JL$

According to paragraph 4, which of the following was a problem with pool arrangements? A. They were effective only with railroads. B. They could succeed only if all the firms in an industry cooperated. C. They were effective only in situations where rates had already been stabilized. D. They could be implemented only in industries with a large number of firms.