The Interstate Commerce Commission (ICC) (18871995) was the very first attempt by Congress and/or the federal government to regulate the railroads; regulation had previously come solely from the states.
Indicate whether the statement is true or false
Question 2
In a system of flexible exchange rates, expansionary monetary policy abroad would induce
a. a rise in the U.S. exchange rate.
b. a fall in the U.S. rate of exchange.
c. a balance of payments surplus for the United States.
d. no change in U.S. exchange rates.
The joint commission 2011
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