In Gibbons v. Ogden (1824), the U.S. Supreme Court interpreted the Commerce Clause as granting Congress broad authority to regulate interstate commerce. The two correct answers regarding the Court's interpretation in this case would be:
- States may be subject to federal regulation in matters of commerce.
- States may control commerce within their borders that involves foreign countries (with limitations, as the federal government holds greater authority).
The ruling emphasized that while states can regulate commerce within their own borders, they cannot enact regulations that interfere with federal regulations regarding interstate commerce.