Asked by
Lizbeth Canales
on Nov 05, 2024Verified
The Smoot-Hawley tariff increased the average tariff rate to ________ percent.
A) 15
B) 30
C) 60
D) 90
Smoot-Hawley Tariff
A set of protectionist tariffs enacted in 1930 in the United States, which raised import duties on thousands of goods, contributing to the severity and duration of the Great Depression.
- Comprehend the historical background and outcomes of significant trade regulations and strategies.
Verified Answer
BL
Learning Objectives
- Comprehend the historical background and outcomes of significant trade regulations and strategies.