In Gibbons v. Ogden (1824), the U.S. Supreme Court interpreted the Commerce Clause of the Constitution to emphasize the federal government's power over interstate commerce. The correct answers from the provided options would be:
- States may be subject to federal regulation in matters of commerce.
- States may regulate commerce within their own borders.
The Court ruled that while states can regulate intrastate commerce (commerce that occurs within their own borders), they cannot interfere with interstate commerce, which is under the jurisdiction of the federal government.