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What law did congress pass in 1930 to protect industries from foreign imports?
Wiki User
∙ 12y ago
Hawley-Smoot Tariff
Wiki User
∙ 12y ago
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How did Congress protect the New England textile industry?
Congress imposed tariffs (taxes on imports or exports) to protect the New England textile industry.
The purpose of the Tariff of 1816 was to?
protect the industires that had grown up during the war period.
Why did many Americans support the Sedition Act and the American Legion?
They wanted to protect American from foreign Influences
What was the south's economy based on?
Cotton and cotton alone. That's why they needed so many foreign imports, so when the Northern-dominated Congress raised the tariff on imported goods (to protect US manufacturing industry, which was all in the North), the Southern states saw it as a hostile tax on the South.
Why did many American support the sedition act and the American legion?
They wanted to protect American from foreign Influences
What tariff type is used to protect a domestic industry?
A PROTECTIVE tariff is intended to artificially inflate prices of imports and protect domestic industries from foreign competition.
What is intended to protect domestic industry?
PROTECTIVE tariff
Who did the northern states want to control all foreign trade?
To escape the heavy tariffs that Congress was levying on imports, to protect American industry - which was nearly all in the North.
What did the north and south want in terms of foreign trade control by congress?
The North wanted tariffs on imports, to protect its manufacturing industry. The South had virtually no manufacturing industry, so it wanted cheap imports.
During the early days of industrialization many members of congress believed that tariffs were necessary to?
protect new industries from foreign competition
How did Congress protect the New England textile industry?
Congress imposed tariffs (taxes on imports or exports) to protect the New England textile industry.
Why did the Republicans pass the McKinley tariff?
The McKinley tariff was passed to raise the average duty on imports to almost 50 percent. It was designed to protect domestic industries?æfrom foreign competition and was condemned by the Democrats.
The purpose of a protective tariff is to?
protect home industries from foreign competition
What is the purpose of a purpose of a protective tariff?
protect home industries from foreign competition
The use of trade to protect a nation's industries from foreign competition is called?
protectionism........
What was the purpose of the tariff on imported imports?
It was to protect the US's economy. They anted people to by their stuff, not foreign things.
Tax placed on foreign imports to control trade and protect a nations business is also called?
tarrif
