Where is the rest of the question
Answer:
<em>The Social Contract principle states that man was naturally free, and lived without rules or order, but in order to protect their rights and properties government was created.</em> Under the Social Contract theory, government is only valid with the consent of people. This principle inspired the Founding Fathers and can be found under the Articles of Confederation and the Declaration of Independence.
<u>Thomas Jefferson reflected the Social Contract theory into the Declaration of Independence by stating that Britain's Crown had not fulfilled their duties as Government of the Colonies and that this was cause of separation. </u>(<em>"Governments are instituted among Men, deriving their just powers from the consent of the governed"</em>).
The Articles of Confederation reflected the Social Contract theory by <em>maintaining the sovereignty of states (Article I) </em>and creating a union where each state gave consent to the central government to use its power. <em>The idea of Article II that nine states had to agree so that the central government could act, is also a reflection of the social contract. </em>
Generally speaking, a government may be able to reduce the international value of its currency by "<span>b. selling its currency in the foreign exchange market," since this "floods" the market with the currency in question, thus making it less desirable for investors. </span>
As a result from McCulloch vs Maryland, two very important consequences aroused. First, the doctrine of the "implied powers" , understanding that the Constitution grants said implied powers to the Congress to implement the express powers. Secondly, that no state action can interfere with valid constitutional exercise of power by the federal government.
