1.

Which of these BEST describes how smoot Harley Tariff act of 1930 affected America’s international relations

Answer»

The tariffs under the ACT, excluding duty-free imports (see TARIFF levels below), were the second highest in United States history, exceeded by only the Tariff of 1828.[3] The Act and tariffs imposed by America's trading partners in retaliation were major factors of the REDUCTION of American exports and imports by 67% during the Depression.[4] Economists and economic historians have a consensus VIEW that the passage of the Smoot–Hawley Tariff exacerbated the Great DepressionExplanation:



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