Understanding Key Commerce Terms

What is the term for the activity of buying and selling, especially on a large scale?

• Constitution

• Commerce

• Confederation

• Congress

What is a plan of government called?

• Republic

• Tariff

• Constitution

• Delegate

In a republic, who holds the power?

• The king

• The military

• The people and their elected representatives

• The judiciary

Which branch of government is referred to as Congress?

• Executive

• Legislative

• Judicial

• Administrative

What is a tariff?

• A type of currency

• A plan of government

• A tax on imported and/or exported goods

• A complaint

What is the role of a delegate?

• To create laws

• To represent others

• To collect taxes

• To enforce laws

What is a confederation?

• A single state

• A union of states

• A type of currency

• A legislative body

What is the term for money used in a country?

• Tariff

• Currency

• Grievance

• Delegate

What does it mean to ratify a document?

• To reject it

• To approve it

• To write it

• To destroy it

What is a grievance?

• A type of tax

• A complaint

• A form of currency

• A government plan