The Federal Trade Commission acts primarily as a A.consumer protection agency. B.national central bank. C.federal oversight committee. D.regulatory body for tariffs and taxes.

The basic statute enforced by the FTC, Section 5(a) of the FTC Act, empowers the agency to investigate and prevent unfair methods of competition, and unfair or deceptive acts or practices affecting commerce. This creates the Agency's two primary missions: protecting competition and protecting consumers.

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