USA HISTORY

MAKING OF A NEW NATION 1776 1800

THE ARTICLES OF CONFEDERATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ is trade between two or more states.
A
tariffs
B
depression
C
interstate commerce
D
goods
Explanation: 

Detailed explanation-1: -The correct option is D Interstate trade.

Detailed explanation-2: -“Interstate commerce” means trade, traffic, or transportation in the United States-(1) Between a place in a State and a place. outside of such State, including a place.

Detailed explanation-3: -Services in the course of Inter State Trade or Commerce Import of goods and services in to India shall be treated as interstate trade or commerce. Supply of Goods or Services from India to place outside India shall be treated as Inter State trade or commerce.

Detailed explanation-4: -Till they cross the customs frontiers of India shall be treated to be a supply of goods in the course of inter-State trade or commerce-section 7(2) of IGST Act. Thus, IGST will be payable, at the time of import of goods from customs.

Detailed explanation-5: -Article 301 declares that trade, commerce and intercourse throughout the territory of India shall be free. 2. Parliament can impose restrictions on the freedom of trade, commerce and intercourse between the states or within a state in the public interest.

There is 1 question to complete.