What was one effect of Latin American tariffs on imports from other countries during the Great Depression?

Question

Imports in Latin America increased.
Exports from Latin American increased.
Manufacturing in Latin America increased.
Unemployment in Latin America increased.

Answer 1

One effect of Latin American tariffs on imports from other countries during the Great Depression was that manufacturing in Latin America increased. Many Latin American countries implemented protectionist policies, including tariffs, to shield their domestic industries from foreign competition as a response to economic challenges. This led to a focus on import substitution industrialization, encouraging the development of local manufacturing to replace imported goods.