The Iron Curtain referred to countries that Russia took over and acted as a buffer between Western Europe and Russia. Those nations included any country ending with -stan, Latvia, Estonia, and Yugoslavia.
Answer:
B. caused a major reduction in international trade
Explanation:
The "Smooth-Hawley Tariff" was an act that was meant to alleviate the people and the economy from the "Great Depression." It raised the tariff of import goods. This was retaliated by other countries, which, in turn, also increased their tariff on US goods. So, this contributed to a decline of both import and export of goods, thereby <u>reducing international trade</u>.
Since it is the role of the bank to assist people when it comes to financial trading, <em>the reduction of international trade greatly affected banking.</em> This resulted to many bank failures, including the collapse of the Creditanstalt Bank (used to be the largest bank in Austria). Farm banks also began failing due to the collapse of the export market. <u>The tariff made a significant change in the country's monetary system.</u>
So, this explains the answer.
False, If GPD increases, it is likely that more jobs will be created with employees receiving better pay.
Answer:
Europe became economically dependent on the US
Explanation:
The Dawes Plan was a proposal by the United States government to help Germany with its reparation to affected countries after the World War.
This plan was meant to help Germany pay reparation in installments and in a more flexible manner and a direct result of the Dawes Plan was that Europe became economically dependent on the US
