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The Foreign Trade Compromise, also known as the Commerce Compromise, was part of the negotiations during the Constitutional Convention of 1787. It addressed the contentious issue of regulating foreign and interstate trade, balancing the interests of northern states, which favored federal control, and southern states, which feared it might threaten their agricultural economy and the slave trade. The compromise allowed Congress to regulate commerce while preventing any ban on the slave trade for twenty years and ensuring that export taxes would not be imposed. This compromise was crucial in securing the support of southern states for the new Constitution.
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What compromise was made at the Constitutional Convention so that Congress could get the power to control foreign trade?
congress could not tax exports
What compromise stoped the slave trade in 1808?
The 1808 Slave Trade Compromise in the Constitution.
What states were benefited them commerce and slave trade compromise?
who did the commerce and slave trade compromise benefit
What is the advantages and disadvantages of foreign trade multiplier?
advantages of foreign trade multiplier
Did the Missouri Compromise end slave trade?
The Missouri Compromise succeeded in expanding the boundaries of the United States. However, it did not end the slave trade.
What set limits on congress's powers concerning interstate and foreign trade?
Commerce and Slave-Trade Compromise
Which compromise guaranteed that the slave trade could exist for 20 years?
Commerce and slave trade compromise
What compromise was made at the Constitutional Convention so that Congress could get the power to control foreign trade?
congress could not tax exports
What was the provision for the commerce and slave trade compromise?
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.
How did northern and southern states compromise regarding the power of congress over foreigh trade and taxes?
Northern and southern states reached a compromise during the Constitutional Convention regarding Congress's power over foreign trade and taxes through the Commerce and Slave Trade Compromise. This agreement allowed Congress to regulate foreign trade and impose taxes, while also prohibiting any restrictions on the slave trade for twenty years. This compromise aimed to balance the economic interests of the North, which favored regulation, with the South's reliance on agriculture and slavery. Thus, it helped to ease tensions between the two regions while establishing a framework for federal authority.
How did northern and southern states compromise regarding the power of the congress over foreign trade and taxes?
Congress could tax goods coming into the country but not goods going out.
What compromise stoped the slave trade in 1808?
The 1808 Slave Trade Compromise in the Constitution.
What compromise was reached over the issue of slave trade?
The compromise that was reached over the issue of slave trade was "Three-Fifths Compromise's.
What states were benefited them commerce and slave trade compromise?
who did the commerce and slave trade compromise benefit
What is the nature of foreign trade?
Chinese against foreign trade
How did the Constitutional Convention deal with slave trade?
The Constitutional Convention left the slave trade untaxed and untouched. Delegates from the southern States were naturally wary about the prospect of Congress being able to regulate America's interstate and foreign trade. They were afraid that the North would use its influence in Congress to levy taxes on the slave trade and the cotton trade. The delegates from the South pushed for, and won, a compromise on the matter: the Commerce and Slave Trade Compromise. This agreement made it so Congress could regulate interstate and foreign trade, but could not tax exports. This meant that cotton exports from the South would not be affected. In addition, Congress was forbidden from regulating the slave trade for 20 years.
What took place at the constitutional conventional?
great compromise.3/5 compromise and slave trade compromise
