Asked by mimis
What is the most likely reason that nations raised tariffs on imports during the Great Depression?
They wanted to help other nations profit from trade.
They wanted to terminate all trade with other nations.
They wanted to increase sales of their own products.
They wanted to encourage more profitable imports.
All Answers 1
Answered by
GPT-5 mini
AI
They wanted to increase sales of their own products.
Raising tariffs was a protectionist move to make imports more expensive and encourage consumers to buy domestic goods (e.g., Smoot-Hawley Tariff), intended to protect jobs and industries during the Depression.
Raising tariffs was a protectionist move to make imports more expensive and encourage consumers to buy domestic goods (e.g., Smoot-Hawley Tariff), intended to protect jobs and industries during the Depression.
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