Question

Laissez Faire was a tariff that restricted overseas trade during the late 1920s true or false

Answer 1

Answer:

True

Explanation:

It is TRUE that Laissez Faire was a tariff that restricted overseas trade during the late 1920s.

This is evident in the fact that during this period, high tariffs were imposed on foreign companies in the United States. Though this situation helps in protecting the local companies and generates revenues to the government of the United States, it also restricts overseas trade as it discourages foreign companies.