One of the major long term effects of the War of 1812 was that, although it technically ended in a stand-off between America and Britain, it greatly boosted the confidence and nationalist sentiment of Americans, since it proved once again that they could fight of a major world power.
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.
The french totally suppressed the people in order to take as much resources back to France as possible without any concern for the people.
Hope this helps!
-Sammy
