Define the words import, export, and mercantilism

1. Import is usually a merchant selling goods from foriegn areas.

2. Export is international for trades around the world.

3. Mercantilism is the belief of trading and making gains with trades.

in mcculloch v. maryland (1819) the supreme court ruled that congress had implied powers under the necessary and proper clause of article i, section 8 of the constitution to create the second bank of the united states and that the state of maryland lacked the power to tax the bank.

gibbons v. ogden, (1824), was a landmark decision in which the supreme court of the united states held that the power to regulate interstate commerce, granted to congress by the commerce clause of the united states constitution, encompassed the power to regulate navigation.

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