The U.S. Constitution grants the federal government the power to regulate interstate commerce, not individual states. There is often significant debate about the costs and benefits of regulation to businesses and society, and opinions on the impact of internationalization on regulated firms vary widely.

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Generally Speaking

Question 141

Multiple Choice

Generally speaking:

A) individual states are responsible for entering into agreements to regulate interstate commerce.
B) there is widespread agreement about the costs and benefits to businesses and society from regulation.
C) there is widespread agreement that internationalization of economic activity benefits regulated firms.
D) none of the above.

Correct Answer: