The Power of Congress to Regulate Commerce with Foreign Nations,among

question 69

Multiple Choice

The power of Congress to regulate commerce with foreign nations,among the several states,
And with Native American tribes is found in ________ of the U.S.Constitution.

• A)Article I
• B)Preamble
• C)First Amendment
• D)Tenth Amendment

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Definitions:

Sight Draft

A financial document that demands immediate payment upon presentation to the drawee, often used in international trade.

Time Draft

A written order to pay a specified amount of money at a certain time in the future, often used in international trade.

Banker's Acceptance

A short-term financial instrument issued by a company that is guaranteed by a commercial bank. It is commonly used in international trade.

Commercial Draft

An instrument used in international trade where the seller instructs the buyer to pay a specified amount of money at a specified time.