What effect did the Hawley-Smoot Tariff have on the U.S.? • it forced the European nations to repay their war debts • it really had no effect, as so few nations were Communist at the time • it actually cut off the U.S. from trade with Europe, having a negative effect • it strengthened American Business

History

Question
What effect did the Hawley-Smoot Tariff have on the U.S.?
• it forced the European nations to repay their war debts
• it really had no effect, as so few nations were Communist at the time
• it actually cut off the U.S. from trade with Europe, having a negative effect
• it strengthened American Business
Answer

It actually cut off the U.S. from trade with Europe, having a negative effect.

Download to view full explanation
The Hawley-Smoot Tariff, also known as the Tariff Act of 1930, was a protectionist trade policy that raised...
Solve any homework question FREE with our app, NO PAYMENT required!