Many European countries at this time have adopted mercantilist policies. That means they all want to export more and import less. But if none of the European countries want to import then who buy all the manufactured goods from the European countries?

Why was the sixteenth amendment important to woodrow wilson’s efforts to regulate the economy? a) the sixteenth amendment lowered interest rates charged by banks. b) the sixteenth amendment allowed congress to levy an income tax c) the sixteenth amendment lowered tariffs on imported goods d) the sixteenth amendment allowed congress to break up monopolies