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 Nixon doctrine was for nations to be able to fight their own wars without the use of American troops.
<h3>What was the Nixon doctrine?</h3>
This was the doctrine that the President had. The doctrine was that the United States was going to support allies that had military threats.
But according to the doctrine, other nations would have to fight their wars on their war without the help of the United States.
Read more on the Nixon Doctrine here:
brainly.com/question/14466910
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Answer:
John C. Calhoun
Hope this helps!! (let me know if this is right)
Explanation:
Social structure, religion, technology( inventions that made things easier)
