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Smoot-Hawley Tariff

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15y ago

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Related Questions

Which trade barrier discourages trade by placing a tax on foreign goods?

A tariff


What is tariif?

I think you mean tariff. If so, it is a tax on foreign trade.


How did high tariff damage the us economy?

By angering foreign trade partners


Why did the smoot-hawlay tariff act backfire?

The act brought retaliatory tariff acts from foreign countries, U.S. foreign trade suffered a sharp decline, and the depression (etc...)


What issues does the International Trade Commission investigate?

The International Trade Commission also investigates and reports on tariff and foreign trade matters.


Trade between states was made difficult by?

tariff laws passed by the state legislatures. {{novanet}}


What does protectionism put on foreign trade to protect local business?

The term is tariff- a charge on imported goods.


Why is the tariff law passed?

Tariff laws are passed primarily to regulate trade by imposing taxes on imported goods, which can protect domestic industries from foreign competition. They aim to generate revenue for the government and can also be used as a tool for economic policy to encourage local production. Additionally, tariffs may be implemented to address trade imbalances or respond to unfair trade practices by other countries. Overall, these laws play a crucial role in shaping a nation's economic landscape.


Trade between states was made difficult by tariff laws passed by the state legislatures?

true {{novanet}}


What has the author Edmond McGovern written?

Edmond McGovern has written: 'International trade regulation' -- subject(s): Foreign trade regulation, International trade, Law and legislation, Tariff, World Trade Organization


What has the author Donald Chrisler written?

Donald Chrisler has written: 'Preferential trade arrangements of foreign countries' -- subject(s): Commercial policy, Produce trade, Tariff


What has the author Michael Steinaecker written?

Michael Steinaecker has written: 'Domestic taxationand foreign trade' -- subject(s): Taxation, Tariff