Question

All of the following were part of Alexander Hamilton's economic program except A) the creation of a national bank. B) funding the entire national debt at par. C) vigorous foreign trade. D) protective tariffs. E) paying only domestic debts but not foreign debts.

Answer 1

Answer:

E) paying only domestic debts but not foreign debts.                        

Explanation:

Alexander Hamilton was an American scholar, statesman, politician and a famous economist who is considered to be one of the founding fathers of Unites States.

He was the first Secretary of the Treasury of United States. He was the main man behind the Washington's economic policies. As an economist he created the national bank. He established the system of tariffs and also initiated of the government's funding in the domestic debts.