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Matthew Allen
on Nov 05, 2024

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The Smoot-Hawley tariff set off an international trade war in the

A) 1930s.
B) 1950s.
C) 1970s.
D) 1990s.

Smoot-Hawley Tariff

A U.S. law enacted in 1930, which raised tariffs on thousands of imported goods, contributing to the severity of the Great Depression by stifling international trade.

International Trade War

A situation where countries impose tariffs or other trade barriers against each other in response to disputes, often leading to reduced trade and economic growth.

  • Understand the historical context and impact of significant trade policies and agreements.
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Shriya karayiNov 08, 2024
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