0
Hawley Smoot tariff of 1930-what it did and what countries did as a result?
Wiki User
∙ 14y ago
1. it raised cost of imported goods for American consumers, making it more likely that they will purchase the cheaper American goods
2. when the Europeans responded with tariffs on American goods, trade plunged
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
How did the hawley-smoot tariff affect the economy?
The tariff hurt trade with other countries
How did Smoot Hawley tariff affect the American economy?
The tariff hurt trade with other countries.
How did the Smooth Hawley Tariff affect the American economy?
The tariff hurt trade with other countries.
How did Smoot-Hawley Tariff affect the American economy?
The tariff hurt trade with other countries.
What did international trade slowed down as a result of?
International trade slowed down as a result of the Hawley-Smoot tariff.
How did the hawley -smooth tariff affect the economy?
The tariff hurt trade with other countries.
How did the hawley-smoot tariff affect the economy?
The tariff hurt trade with other countries
How did Smoot Hawley tariff affect the American economy?
The tariff hurt trade with other countries.
How did the Smooth Hawley Tariff affect the American economy?
The tariff hurt trade with other countries.
How did Smoot-Hawley Tariff affect the American economy?
The tariff hurt trade with other countries.
What did the Hawley Smoot Tariff help spread the depression overseas?
the hawley-smoot tariff caused other countries to retaliate, so markets for American goods dried up
How did the hawley Smoot tariff helped spread the depression overseas?
the hawley-smoot tariff caused other countries to retaliate, so markets for American goods dried up
What did international trade slowed down as a result of?
International trade slowed down as a result of the Hawley-Smoot tariff.
How did investors fear as a result of the Smoot-Hawley tariff act?
Falling prices of goods is what investors feared would happen because of the Smoot-Hawley Tariff Act.
What factor helped to worsen the great depression?
The Smoot-Hawley Tariff act
How did the Hawley-Smoot Tariff contribute to the Great Depression?
The Hawley-Smoot Tariff raised import duties so American jobs could be protected in farming and business, including imports. The tariff raised by 20% , which caused foreign countries to make their own tariffs against the U.S. and raising their own tariffs.http://www.britannica.com/EBchecked/topic/550096/Smoot-Hawley-Tariff-Act
How did the Hawley Smoot Tariff make the depression worse?
Countries were already short on money so putting a charge on trade only made things worse.
