Which of the Following Is Not One of the Reasons

question 82

Multiple Choice

Which of the following is not one of the reasons why federal preemption of a state law generally occurs?

• A)There is a literal conflict between the state and federal measures,so that it is impossible to follow both simultaneously.
• B)The federal law specifically states that it will preempt state regulation in certain areas.
• C)The federal law was enacted before the state law.
• D)The federal regulation is persuasive.

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Definitions:

Kenyan Shillings

The official currency of Kenya, which is subdivided into 100 cents.

Floating Rate System

A currency exchange regime where a country's currency value is allowed to fluctuate in response to foreign exchange market mechanisms.

Government Intervention

Refers to regulatory actions taken by a government to affect its economy, which can include policies and laws to correct market inefficiencies and promote social welfare.

Current Account

A component of a country's balance of payments that measures the balance of trade in goods and services plus net earnings from abroad and net transfer payments over a period of time.