The Assertion That National Law Has Primacy Over State Law

question 66

Multiple Choice

The assertion that national law has primacy over state law is in the Constitution in which of the following clauses?

• A) The equal protection clause
• B) The due process clause
• C) The establishment clause
• D) The supremacy clause
• E) The free exercise clause

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Definitions:

Dollar Appreciated

A situation where the value of the US dollar increases relative to other currencies, making foreign goods and services cheaper for Americans.

Real Exchange Rate

The rate at which two different currencies can be exchanged, taking into account their respective purchasing power.

Nominal Exchange Rate

The rate at which one currency can be exchanged for another currency, without adjustment for inflation.

Purchasing-Power Parity

An economic theory that compares different countries' currencies through a "basket of goods" approach, to assess the relative value of each currency.