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The Hawley-Smoot Tariff helped spread the economic depression to other countries because it: A. led to higher interest rates. B. decreased global trade. C. led to lower interest rates. D. increased global trade.

Problemas

The Hawley-Smoot Tariff helped spread the economic depression to other
countries because it:
A. led to higher interest rates.
B. decreased global trade.
C. led to lower interest rates.
D. increased global trade.

The Hawley-Smoot Tariff helped spread the economic depression to other countries because it: A. led to higher interest rates. B. decreased global trade. C. led to lower interest rates. D. increased global trade.

Solución

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Miguelélite · Tutor durante 8 años
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B. The Hawley-Smoot Tariff decreased global trade.

Explicar

## Step 1<br />The Hawley-Smoot Tariff, also known as the Smoot-Hawley Tariff Act, was a United States federal law passed in 1930. This law raised U.S. tariffs on over 20,000 imported goods to protect American farmers and manufacturers. <br /><br />## Step 2<br />However, this law had a negative impact on the global economy. It led to a decrease in global trade as other countries retaliated with their own tariffs. This resulted in a significant reduction in international trade, which in turn worsened the economic depression.<br /><br />## Step 3<br />The other options, such as leading to higher or lower interest rates, or increasing global trade, are not directly related to the effects of the Hawley-Smoot Tariff. The primary impact of this law was on global trade, not on interest rates or the volume of global trade.
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