Question

Read the following excerpt from Federalist #14 by James

Answer 1

Answer:

preventing individual states from having their own currencies.

Explanation:

In the text shown above, Madison discourages allowing individual currencies for each state. He believes that this would weaken trade in the union, in addition to creating strife between the trade established between the states, which would be highly damaging to the country as a whole.

According to Madison, the ideal would be for a single currency to be established throughout the union, this could be done with the ratification of the constitution, which would establish the poribition of individual currencies for each state, but a national currency that should be used by everyone in the territory national.

Answer 2

Preventing individual states from having their own currency.

Explanation: Edgenuity 2020