Asked by Mark
The Europeans raised their own tariff which caused a trade protection war.
The American merchants had enormous surpluses and no market to sell their goods.
This would cause a fall in prices and industrial instability.
Am I on the right track?
The American merchants had enormous surpluses and no market to sell their goods.
This would cause a fall in prices and industrial instability.
Am I on the right track?
Answers
Answered by
Ms. Sue
Yes. The price of heavy farm machinery also was raised.
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