The Smoot-Hawley Tariff Act of 1930 has often been associated with:

Question

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The Smoot-Hawley Tariff Act of 1930 raised tariffs on over 20,000 imported goods in an attempt to protect American businesses and farmers during the Great Depression. However, this actually led to a decrease in international trade as other countries retaliated with their own tariffs and the cost of imports for American businesses increased, leading to a decrease in exports as well.

The Smoot-Hawley Tariff Act of 1930 Has Often Been Associated