Question

Which statement describes an effect of the Smoot-Hawley Tariff Act of 1930? A) Countries responded to the U.S. by lowering their own tariffs. B) The flow of goods entering the U.S. was reduced significantly. C) Protective tariffs were no longer used to influence U.S. trade. D) Trade between the U.S. and other countries increased drastically.

Answer 1

Answer:

The answer is B) The flow of goods entering the U.S. was reduced significantly.

Explanation:

As the Smoot-Hawley Tariff Act was implemented bu USA, more than 25 countries increased their tariff rates on American goods.

This drastically affected the international trade and the global commerce as a whole negatively.

And the inflow of goods to the USA was decreased as the businesses and importers were already struggling with the great depression and was unable to afford the new tariffs and prices.