What Was One Effect Of The Smoot-Hawley Tariff Act Of 1930 Which Increased Tariffs On Imports To The United States Was That?

What Was One Effect Of The Smoot-Hawley Tariff Act Of 1930 Which Increased Tariffs On Imports To The United States Was That? The Smoot-Hawley Act increased tariffs on foreign imports to the U.S. by about 20%. At least 25 countries responded by increasing their own tariffs on American goods. Global trade plummeted, contributing to the

What Is International Trade Quizlet?

What Is International Trade Quizlet? International trade. is the exchange of goods and services between nations. International trade is necessary because of the interdependence of nations. It benefits consumers, producers, workers, and nations in different ways. Tariffs. What is the purpose of international trade quizlet? International Trade – The benefits of trade. Involves the buying