0
The Fordney-McCumber Tariff, enacted in 1922, significantly raised import duties on a wide range of goods, making foreign products more expensive in the U.S. This protectionist policy aimed to bolster American industries but led to retaliation from other countries, who imposed their own tariffs on American goods. Consequently, international trade suffered, contributing to strained economic relations and difficulties for exporters in affected nations. The tariff's impact was felt globally, exacerbating economic tensions during a period that would eventually lead to the Great Depression.
What else can I help you with?
How did the natural barriers of china affect the country?
it affects china's country by helping them avoid being attacked, but also they can't make friends with other countries around them.
How does the natural resources in Greece affect its economy?
Greece is a country wealthy from its own natural resources. The country depends on less imports from other countries compared to most other countries. The country has massive amounts of gold, oil, and other natural gases. The economy in Greece is experiencing a depression because the people are not tapping into the wealth of resources.
Why was the triangular slave trade necessary?
It allowed countries that did not have necessary items to get them from other countries and those countries gave other things that they had a surplus of.
Why did countries imperialize other countries?
because they need to take their natural resources
What is a group of countries ruled by one other country that starts with emp?
A group of countries ruled by one other country is an empire
How did the hawley-smoot tariff affect the economy?
The tariff hurt trade with other countries
How did the hawley -smooth tariff affect the economy?
The tariff hurt trade with other countries.
How did the smooth 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.
How did Smoot Hawley tariff affect the American economy?
The tariff hurt trade with other countries.
Why did the Fordney-McCumber Tariff affect other countries?
This trariff proctected American business from foreigh competion..I think :)
The government puts a high tax on sugar made in other countries?
Tariff
What is tarrif and non-tarrif?
A tariff is a tax imposed on imported goods and services. Non-tariff barriers are restrictions other than tariffs that countries use to control international trade, such as quotas, licensing requirements, and technical standards. Both tariff and non-tariff barriers can limit the flow of goods between countries.
A or duty is money colonists paid for goods purchased from other countries?
A tariff is a tax on imported goods that colonists paid for purchases from other countries.
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 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
