The Sugar Act reduced the rate of tax on molasses from six pence to three pence per gallon, while Grenville took measures that the duty be strictly enforced. The act also listed more foreign goods to be taxed including sugar, certain wines, coffee, pimiento, cambric and printed calico, and further, regulated the export of lumber and iron.
When you impose such policies, you declare how much of a certain currency can enter your country, or can leave your country. If you have different currencies this could harm your economy because it might prevent others from trading with you due to currency differences. If you do things like Europeans, then you can introduce a new policy that abolishes your old currency and adopts a widely used one like the Euro. This might boost your economy because others might invest.
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Answer: In 1947, President Harry S. Truman pledged that the United States would help any nation resist communism in order to prevent its spread. His policy of containment is known as the Truman Doctrine. ... To help rebuild after the war, the United States pledged $13 billion of aid to Europe in the Marshall Plan.
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