Question

In 1930, the U.S. passed the Smoot-Hawley Tariff, one of the most protectionist tariffs in history. Many nations retaliated with their own tariffs. As a result,
A international trade increased during the early 1930s.
B international trade decreased during the early 1930s.
C domestic production of agricultural products increased during the 1930s.
D U.S. support for world free trade agreements such as GATT decreased during the 1930s.

Answers

GPT-4o mini
The correct answer is B: international trade decreased during the early 1930s. The Smoot-Hawley Tariff led to retaliatory tariffs from other countries, which significantly reduced international trade and contributed to the worsening of the Great Depression.