As a percentage of GDP, exports are greater than imports for which of the following countries?

Briefly discuss three reasons why firms may borrow funds from a bank

What will be an ideal response?

The "police power" of government to control business

(a) was exercised during the colonial period but lapsed when the Constitution was written. (b) was exercised during the colonial period and carried over to the new nation; it still exists today. (c) was not widely exercised during the colonial period but assumed greater importance in the new nation. (d) was important in England but was never important in the Americas, either before or after the Revolution.