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.
congress could not tax exports
The 1808 Slave Trade Compromise in the Constitution.
who did the commerce and slave trade compromise benefit
advantages of foreign trade multiplier
The Missouri Compromise succeeded in expanding the boundaries of the United States. However, it did not end the slave trade.
Commerce and Slave-Trade Compromise
Commerce and slave trade compromise
congress could not tax exports
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.
Congress could tax goods coming into the country but not goods going out.
The 1808 Slave Trade Compromise in the Constitution.
The compromise that was reached over the issue of slave trade was "Three-Fifths Compromise's.
who did the commerce and slave trade compromise benefit
Chinese against foreign trade
great compromise.3/5 compromise and slave trade compromise
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.
i belive it is the three-fifths compromise.