One effect of the Smoot-Hawley Tariff was that other countries responded by raising tariffs on American goods, further hurting the economy.
What was one effect of the Smoot-Hawley Tariff?
(1 point)
Unemployment dropped to an unprecedented 25 percent, decreasing overall production.
The United States agreed to lower its tariffs, but only on its agricultural exports.
Other countries responded by raising tariffs on American goods, further hurting the economy.
Hoover campaigned on the tariff's success and swept to victory in the 1932 election.
1 answer
1 answer