Why did many nations impose high tariffs on imports of manufactured goods prior to World War II?
A) to protect domestic industries from foreign competition
B) to prevent the occurrence of the Great Depression
C) to safeguard patents, copyrights, and trademarks
D) to promote the trade of services over the trade of manufactured goods
E) to deter any possible attempts to promote communism

Question

Quizplus · Accepted Answer

Many nations imposed high tariffs on imports of manufactured goods to protect their domestic industries from foreign competition, ensuring that local businesses could thrive without being undercut by cheaper foreign products.

Why Did Many Nations Impose High Tariffs on Imports of Manufactured