Aimed at avoiding rising unemployment by protecting domestic industry and diverting consumer demand away from foreign products,the ___________ tariff erected an enormous wall of tariff barriers.

Question

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The Smoot-Hawley Act of 1930 was aimed at protecting domestic industry by raising tariffs on imported goods, hoping to encourage domestic consumption of domestically produced goods. This led to retaliatory tariffs by other countries, worsening the Great Depression and causing a decrease in international trade.

Aimed at Avoiding Rising Unemployment by Protecting Domestic Industry and Diverting