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What is the Commercial Compromise?

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01/22/2009

The Commercial Compromise allowed Congress to regulate interstate and foreign commerce, including placing tariffs(taxes) on foreign imports, but it prohibited placing taxes on any exports. This is because the northern states wanted the central government to regulate interstate commerce and foreign trade. The South was afraid that export taxes would be put on agricultural products such as tobacco and rice. It is different from the 3/5 compromise. The three-fifths compromise counted each slave as 3/5 of a person for the purpose of determining a state's level of taxation and representation...