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lozanna [386]
3 years ago
5

Do you think the Embargo Act was a smart idea? Why or why not?

History
1 answer:
denis23 [38]3 years ago
5 0

President Thomas Jefferson hoped that the Embargo Act of 1807 would help the United States by demonstrating to Britain and France their dependence on American goods, convincing them to respect American neutrality and stop impressing American seamen. Instead, the act had a devastating effect on American trade.

With the embargo in place, American exports declined by 75%, and imports declined by 50%—the act did not completely eliminate trade and domestic partners. Before the embargo, exports to the United States reached $108 million. One year later, they were just over $22 million.

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