False
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Borrowing money and to coin money are the power given to congress for foreign affairs by the constitution.
Yes
Article I Section 8 of the United Constitution grants power to Congress to "coin money" and "regulate its value." In effect, The Department of the Treasury prints money under the authority of Congress.
The United States Constitution served as a compromise towards bitter divisions between State and Federal powers. The Constitution prohibited states from regulating interstate commerce and the coinage of money, among others.
They are prohibited from coining their own money, and from making treaties with foreign powers.