The Principle of _________,An Important Part of the Checks and Balances

question 19

Multiple Choice

The principle of _________,an important part of the checks and balances in the American system of government,was clearly articulated by Chief Justice John Marshall (1801-1835) in Marbury v.Madison.

• A)picket-fence federalism
• B)division of powers
• C)police powers of the states
• D)judicial review

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Definitions:

Transportation Costs

Expenses incurred in moving goods and services from one location to another, significantly impacting trade and the final price of products.

North American Free Trade Agreement

A trilateral trade bloc in North America created by Canada, Mexico, and the United States to reduce trading costs, increase business investment, and help North America be more competitive in the global marketplace.

General Agreement on Tariffs and Trade

An international treaty created to reduce trade barriers and promote international commerce through the reduction of tariffs and quotas.

Free Trade

Cross-border commerce without the imposition of tariffs, quotas, or any restrictions, allowed to unfold naturally.