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What does this mean To coin Money regulate the Value thereof and of foreign Coin and fix the Standard of Weights and Measures?
Wiki User
∙ 13y ago
These were powers specifically given to the Federal government by the Constitution. States cannot produce money- only the Federal government. States also do not define what is a pound, what is a mile, etc. Otherwise, a bushel of wheat in Virginia might be a different size than a bushel of wheat from Maryland.
Wiki User
∙ 13y ago
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Identify two express powers Congress has?
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures
What powers are given to the legislature?
The legislature has the power to borrow money on the credit of the Unitied States, and with Indian Tribes, to establish an uniform Rule of Naturalization and uniform Laws on the subject of Bankruptcies throughout the United States. To coin Money, regulate the Value of foreign coin and fix standard of weights and measures. The legislature has the power to borrow money on the credit of the Unitied States, and with Indian Tribes, to establish an uniform Rule of Naturalization and uniform Laws on the subject of Bankruptcies throughout the United States. To coin Money, regulate the Value of foreign coin and fix standard of weights and measures.
What article and section of the constitution specifies the us mint?
In Article 1 Section 8 it states that Congress shall have the power "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;" The US Mint was created by The Coinage Act, passed in 1792.
What government is the only level of American government that has the right to coin money?
Article 1 Section 8 of the US Constitution states that "The Congress shall have Power To:..." (among other things) "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;" Clearly it is the Federal government that has the right to coin money.
What are the main expressed powers of our national government?
They include the power to lay and collect taxes, to coin money, to regulate foreign and interstate commerce, to raise and maintain armed forces, to declare war, to fix standards of weights and measures, and to grant patents and copyrights.
What can congress do through it's commerce power?
regulate foreign trade
What can congress fix the standards for?
One of the most important functions of Congress is in facilitating trade among the States and between the United States and foreign countries. The intent of the so-called commerce clause was to compel Congress to only lower barriers to trade, in the attempt to achieve a no-restrictions free market among the States. One way Congress can facilitate trade is by setting and maintaining a set of national weights and measures.
What are the 5 powers of congress?
the powers to declare war and to raise taxes; regulate immigration & naturalization; regulate interstate commerce; set standards for weights & measures; establish & enforce copyright laws; create lower courts; establish foreign policy; establish a postal system. There are many others.
What has the author William Tate written?
William Tate has written: 'An introduction to merchants' accounts' 'Tate's Modern cambist' -- subject(s): Foreign exchange, Money, Tables, Weights and measures
What power does the federal government have?
The federal government has the power to discuss bills and proposals for new or altered laws. The government is given the most power in the country. The federal government has the power to discuss bills and proposals for new or altered laws. The government is given the most power in the country.
Who used dollar diplomacy to regulate foreign powers?
Roosevelt
What power allows Congress to regulate interstate and foreign trade?
Senate
